How many years are required for an investment to double in value at 10% interest? A n= 8 years, because (F/P,10%,8) > 2 and (F/P,10%,7) 2 and (F/A,10%,1) 2 and (P/G,10%,2)


How many years are required for an investment to double in value at 10% interest?<br>A n= 8 years, because (F/P,10%,8) > 2 and (F/P,10%,7) < 2<br>B) n = 2 years, because (F/A,10%,2) > 2 and (F/A,10%,1) < 2<br>c) n= 3 years, because (P/G,10%,3) > 2 and (P/G,10%,2) < 2<br>D<br>n = 10 years, because interest is 10% per year<br>

Extracted text: How many years are required for an investment to double in value at 10% interest? A n= 8 years, because (F/P,10%,8) > 2 and (F/P,10%,7) < 2="" b)="" n="2" years,="" because="" (f/a,10%,2)=""> 2 and (F/A,10%,1) < 2="" c)="" n="3" years,="" because="" (p/g,10%,3)=""> 2 and (P/G,10%,2) < 2="" d="" n="10" years,="" because="" interest="" is="" 10%="" per="">

Jun 10, 2022
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