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Some one placed an investment of $5,200 with a 6.5% interest rate. After how many years will he double his initial investment?

Some one placed an investment of $5,200 with a 6.5% interest rate. After how many years will he double his initial investment?
asked 6.9k views
3 votes
Some one placed an investment of $5,200 with a 6.5% interest rate. After how many years will he double his initial investment?

asked
User Tanmay Nehete
by
8.0k points

1 Answer

0 votes
Set up an equation

5,2000+6.5x=10,400 and solve for x
answered
User Zeeshan Bin Iqbal
by
7.7k points
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