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Suppose an investment of $1,800 doubles in value every 7 years. How much is the investment worth after 42 years?

Suppose an investment of $1,800 doubles in value every 7 years. How much is the investment worth after 42 years?
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4 votes
Suppose an investment of $1,800 doubles in value every 7 years. How much is the investment worth after 42 years?

User Mixtou
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2 Answers

5 votes
I think the answer is 10800
User Mumfordwiz
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8.1k points
6 votes
1800*(2^42)^(1/7) - 1800*(2^6) = 115200
User Salih Can
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7.8k points
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