How long does it take for 600 to double if it is invested at 2...

70.2K

Verified Solution

Question

Basic Math

image

How long does it take for 600 to double if it is invested at 2 interest compounded monthly The money will double in value in approximately years Round to the nearest tenth as needed

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

How long does it take for 600 to double if it is invested at 2 interest compounded monthly The money will double in value in approximately years Round to the nearest tenth as needed

Other questions asked by students