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Suppose an investment of $1,800 doubles in value every 7 years. How much is the investment worth after 42 years?

Suppose an investment of $1,800 doubles in value every 7 years. How much is the investment worth after 42 years?
asked 37.3k views
4 votes
Suppose an investment of $1,800 doubles in value every 7 years. How much is the investment worth after 42 years?

asked
User Mixtou
by
8.1k points

2 Answers

5 votes
I think the answer is 10800
answered
User Mumfordwiz
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8.1k points
6 votes
1800*(2^42)^(1/7) - 1800*(2^6) = 115200
answered
User Salih Can
by
7.8k points
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