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Suppose $100 is deposited into an account and the amount doubles every 8 years. How much will be in the account in 40 years? (Use exponents)
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Suppose $100 is deposited into an account and the amount doubles every 8 years. How much will be in the account in 40 years? (Use exponents)

User Prakhar Mittal
by
7.9k points

2 Answers

3 votes
The answer would be 3,200. you would take 40 ÷ 8 and get 5 doublings
so you double 100 to get 200 double 200 to get 400 and 400 to get 800 and 800 to get 1600 and 1600 to get 3200
User Sergo Pasoevi
by
8.1k points
3 votes
thats 5 doublings

100^5
$10000000000
User Austin Crim
by
7.3k points
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