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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
asked 135k views
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 Amar Premsaran Patel
by
8.0k points

2 Answers

5 votes

Answer:

$6800

Explanation:

answered
User Nazir
by
8.2k points
2 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 Gulshan Maurya
by
8.2k points
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