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Manuel rios wishes to determine how long it will take an initial deposit of $10000 to double if he earns 10% annual interest? a. 5.86 years b. 6.78 years c. 7.27 years d. 8.26 y…

Manuel rios wishes to determine how long it will take an initial deposit of $10000 to double if he earns 10% annual interest? a. 5.86 years b. 6.78 years c. 7.27 years d. 8.26 y…
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Manuel rios wishes to determine how long it will take an initial deposit of $10000 to double if he earns 10% annual interest?

a. 5.86 years
b. 6.78 years
c. 7.27 years
d. 8.26 years

User Jack White
by
8.0k points

1 Answer

4 votes
It is none of those answers. the correct answer is  10 years.
User Sarimin
by
7.8k points
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