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23 June, 08:19

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%

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Answers (2)
  1. 23 June, 10:31
    0
    it's A, C, D
  2. 23 June, 12:14
    0
    Answer:abde
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