Question

At 6.5% interest, how long does it take to double your money? (Do not round intermediate...

At 6.5% interest, how long does it take to double your money?

(Do not round intermediate calculations. Round your answer to 2 decimal places.)

Length of time years At 6.5% interest, how long does it take to quadruple it?

(Do not round intermediate calculations. Round your answer to 2 decimal places.) Length of time years

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
At 5 percent interest, how long does it take to double your money? (Do not round...
At 5 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Length of time             years At 5 percent interest, how long does it take to quadruple your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Length of time             years
At 6.1 percent interest, how long does it take to double your money? (Do not round...
At 6.1 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Length of time years At 6.1 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Length of time years.
How long does it take to double your money at 10 percent interest? How long does...
How long does it take to double your money at 10 percent interest? How long does it take to quadruple your money? Present Value Years Interest Rate Future Value $ 1.00 10% $2.00 $1.00 10% $4.00
Problem 5-7 Calculating the Number of Periods [LO4] At 7 percent interest, how long does it...
Problem 5-7 Calculating the Number of Periods [LO4] At 7 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)    At 7 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
6. How long does it take to double your money at 10 percent interest? How long...
6. How long does it take to double your money at 10 percent interest? How long does it take to quadruple your money? Input area: Output area: Present value Years Interest rate Future value $                    1.00 ***? 10% $             2.00                        1.00 ***? 10%                 4.00
How long will it take to double your money at 6% interest compounded annually?
How long will it take to double your money at 6% interest compounded annually?
24 At a growth (interest) rate of 9 percent annually, how long will it take for...
24 At a growth (interest) rate of 9 percent annually, how long will it take for a sum to double? To triple? Use Appendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)   
How long will it take a sum of money to double if interest is at 11%...
How long will it take a sum of money to double if interest is at 11% compounded semiannually?
How long will it take for $470 to grow to $1,700 at the following interest rates?...
How long will it take for $470 to grow to $1,700 at the following interest rates? (Do not round intermediate calculations. Round your answers to 2 decimal places.) 4.7% 8.7% 16.7%
If you deposit money today in an account that pays 3.5% annual interest, how long will...
If you deposit money today in an account that pays 3.5% annual interest, how long will it take to double your money? Round your answer to two decimal places. __years
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT