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A college student invests $11,000 in an account paying 8% per year compounded annually. In how many years will the amount quadruple?
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A college student invests $11,000 in an account paying 8% per year compounded annually. In how many years will the amount quadruple?
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Dec 1, 2017
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A college student invests $11,000 in an account paying 8% per year compounded annually. In how many years will the amount quadruple?
Mathematics
high-school
SantiG
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It will quadruple in 18 years.
Hope this helps
Rishi Saraf
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Dec 8, 2017
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Rishi Saraf
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