kpaul13 kpaul13

21-12-2020
Business

contestada

if Paul invests 10,000 at a 9% interest rate how many years will it take for the investment to grow to $20,000
A. 8 years
B. 10 years
C. 20 years

Respuesta :

yasmin2081 yasmin2081

21-12-2020

b is the correct and

Answer Link

Eddie1Wan Eddie1Wan

21-12-2020

Answer:

A.8years

Explanation:

Assuming it compounds,

$20000=$10000(1+9/100)^t

t=8.04years≈8years

Answer Link

Otras preguntas

A blank is a determination of an amount of something.

In a particular environment there is plenty of food, water, cover, and space to support a large population of pheasants, but a larger quantity of predators are

Can someone check my answer? There is a material on Earth that undergoes a very long, and sometimes violent, cycle. This material can begin as a solid on the s

how to factor out tue coefficient of the variable

pleaseeeee help and help fast Based on his criticism of other pirates for their "hurry and hurry and hurry" attitude, what is true about Long John Silver?

On what number is the metric system based

Members called the majority whip and the minority whip assist the majority and minority party leaders in both houses. What is their role?

Which reform measure could people use if they wanted to change a law about taxes? a direct primary, an initiative, a recall, an impeachment

Eddie's moving company moved 3 boxes out of Mrs. Diaz's house. The box labeled "kitchen" was 4 times heavier than the box labeled Bedroom. The box labeled "libr

There are 5,280 feet in a mile. If Ann ran 1,320 feet and walked 3,960 feet, her total distance would be one mile. What fraction of the mile did she run? What f