Respuesta :
Answer:
A bout 5 years
Step-by-step explanation:
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The number of years it would take the investment to double given the interest rate is 5 years
What is the number of years it would take the investment to double?
Number of years = (in FV / PV) /r
- FV = future value
- PV = present value
- FV / PV = 2
- r = interest rate
Number of years = (In 2) / 0.14 = 5 years
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