Which statements about doubling an investment are true? Check all that apply.
An investment of $5,000 will double in 6 years at an annual compound interest rate of 12%
An investment of $1,000 will double at an annual compound interest rate of 18% in 6 years.
An investment of $350 will double in 9 years at a compound interest rate of 8%
An investment of $2.000 will double at a simple interest rate of 5% in 20 years.
An investment of $700 will double in 12 years at a simple interest rate of 6%
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which statements about doubling an investment are true? Check all that apply. An investment of $5,000 will double in 6 years at an annual ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Conner and Jana are multiplying (3568) (39610). Conner's Work (3568) (39610) = 35⋅968⋅10 = 345680 Jana's Work (3568) (39610) = 35 + 968 + 10 = 314618 Is either of them correct? Explain your reasoning.
Answers (1)
What is the distributive property to express 16+48
Answers (1)
9.702, 9.3, 9.72, 9.3022 from least to greatest
Answers (1)
A whole number is 6 more than 2 times another number. The sum of the two numbers is less than 50. This can be written in an inequality as x + 2x + 6 < 50, where x represents the smaller number.
Answers (1)
Round 1.25 to the nearest thousand
Answers (1)
New Questions in Mathematics
Which list orders - 3.216, 5.34, - 3.62, - 1.8, 5.4 from greatest to least
Answers (1)
To find a baseball pitcher's earned average (ERA), you can use the formula Ei=9r where E represents ERA, i represents the number of innings pitched, and r represents the number of earned runs allowed. Solve the equation for E.
Answers (1)
What unit would you to measure the weigh if a chair
Answers (1)
What is the following sum? √x^2y^3 + 2√x^3y4 + xy√u
Answers (1)
Xy + 11x + 3y + 33 factor by grouping
Answers (1)