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Bob has $2,500 invested in a bank that pays 5.4% annually. how long will it take for his funds to double?

Bob has $2,500 invested in a bank that pays 5.4% annually. how long will it take for his funds to double?
asked 168k views
5 votes
bob has $2,500 invested in a bank that pays 5.4% annually. how long will it take for his funds to double?

asked
User TambourineMan
by
7.8k points

1 Answer

6 votes

Answer: IT IS 5,000

Step-by-step explanation:

answered
User Paul Lammertsma
by
8.1k points
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