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Suppose an investment of $2000 doubles in value every 8 years. How much is the investment worth after 24 years? After 32 years?

Suppose an investment of $2000 doubles in value every 8 years. How much is the investment worth after 24 years? After 32 years?
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Suppose an investment of $2000 doubles in value every 8 years. How much is the investment worth after 24 years? After 32 years?

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User Expert Novice
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1 Answer

4 votes
24 years = $16,000
33 years = $32,000

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User Lroha
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