Requirement 1: At 5 percent interest, how long does it take to double your money? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2...


Requirement 1:<br>At 5 percent interest, how long does it take to double your money? (Enter rounded<br>answer as directed, but do not use rounded numbers in intermediate calculations.<br>Round your answer to 2 decimal places (e.g., 32.16).)<br>Length of time<br>years<br>Requirement 2:<br>At 5 percent interest, how long does it take to quadruple your money? (Enter rounded<br>answer as directed, but do not use rounded numbers in intermediate calculations.<br>Round your answer to 2 decimal places (e.g., 32.16).)<br>Length of time<br>28.8 years<br>

Extracted text: Requirement 1: At 5 percent interest, how long does it take to double your money? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Length of time years Requirement 2: At 5 percent interest, how long does it take to quadruple your money? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Length of time 28.8 years

Jun 02, 2022
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