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Suppose an investment of $6,200 doubles in value every 13 years. How much is the investment worth after 78 years? $161,200 $396,800 $967,200 $74,400

2 Answers

4 votes
the answer is 967,200
i hope this helps
User Latonz
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5 votes

Answer:

The total is: 396,800

Explanation:

Since the investment doubles, the investment at end of 78 years would be
6200*2^(6)

The total is: 396,800

User Jens Schwarzer
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6.7k points