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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asked Oct 21, 2017 135k views

2 Answers

Gulshan Maurya · Answer 1 · 2017-10-25T18:38:26+0000

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

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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