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You have been assigned the job of doubling an investment by putting it in an account that earns 8% simple interest annually. About how many years will it take for this to happen…

You have been assigned the job of doubling an investment by putting it in an account that earns 8% simple interest annually. About how many years will it take for this to happen…
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You have been assigned the job of doubling an investment by putting it in an account that earns 8% simple interest annually. About how many years will it take for this to happen?

A) 10
B) 12.5
C) 15
D) 17.5

asked
User LastMove
by
8.9k points

1 Answer

1 vote

Answer: b

Step-by-step explanation: 12.5

answered
User David Marble
by
7.8k points
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