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Suppose an investment of $1,700 doubles in value every 10 years. How much is the investment worth after 20 years?

Suppose an investment of $1,700 doubles in value every 10 years. How much is the investment worth after 20 years?
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5 votes
Suppose an investment of $1,700 doubles in value every 10 years. How much is the investment worth after 20 years?

asked
User Krema
by
8.4k points

2 Answers

2 votes
68000 Because 1700*2 because it doubles *20 because that is what your looking for the answer is 68000
answered
User Kiril Kirov
by
7.9k points
6 votes
doubles every 10 years
20 years, so it has doubled 2 times (10 times 2=20)
double twice means 2 times 2 or 4 times

1700 times 4=6800

it is worth $6800
answered
User Henley
by
8.7k points
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