Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

if a sum borrowed under compound intrest doubles itsef in 10 years, when will it become four fold?

Sagot :

AL2006
If the original investment doubled in 10 years, then double the investment
will double again in the next 10 years.  Thus, in 20 years, the original sum
would have increased fourfold.
Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.