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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Average rate of change for f (x) = 2^-.25 x sin (3.14159/2x)
Answers (1)
Yesterday, Bethany sent 60 messages. She said 15% of them were to her best friend. How many text messages did Bethany send to her friend yesterday
Answers (1)
Rectangular Washington County measures 15.9 miles by 9.1 miles what is the county's area
Answers (2)
38 2/5 divided by 100
Answers (1)
Gymnast Clothing manufactures expensive soccer cleats for sale to college bookstores in runs of up to 500. Its cost (in dollars) for a run of x pairs of cleats is: C (x) = 2950 + 6x + 0.1x2 (0 ≤ x ≤ 500).
Answers (1)
New Questions in Mathematics
Malcolm is driving 1,323 miles from Wichita to Charleston for a family reunion. He drives 443 miles the first day and 409 miles the second day. Round each distance to the nearest ten and estimate about how many miles Malcolm has left to drive.
Answers (1)
What's an example of an integer word problem in addition?
Answers (1)
Each person on a boat ride pays $26 for a ticket. There are 63 passengers. How much money is collected from all the passengers?
Answers (1)
Let the random variable x have a discrete uniform distribution on the integers 8 ≤ x ≤ 10. determine the mean, μ, and variance, σ2, of x.
Answers (1)
What is answer to this equation 7x-4=2
Answers (2)