Find out how long it takes a $2,700 investment to double if it is invested at 9% compounded semiannually. Round to the nearest tenth of a year. Use the formula A-P =P(₁+)" It will take years for the investment to double.
Find out how long it takes a $2,700 investment to double if it is invested at 9% compounded semiannually. Round to the nearest tenth of a year. Use the formula A-P =P(₁+)" It will take years for the investment to double.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 31HP
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