Suppose you deposit $1,000 into an account which pays 4% annual interest, compounded quarterly. Approximately how long will it take for the amount of money in the account to double?
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose you deposit $1,000 into an account which pays 4% annual interest, compounded quarterly. Approximately how long will it take for the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Suppose you deposit $1,000 into an account which pays 4% annual interest, compounded quarterly. Approximately how long will it take for the amount of money in the account to double?