98.3k views
4 votes
3. Suppose an investment of $5000 doubles every 12 years. How much is the investment worth after: 24 years?

User JobaDiniz
by
8.4k points

1 Answer

3 votes

Money = $5000

time = 12 years

investment after 24 years

If the investment doubles every 12 years after 24 years the total amount of money will be $10000.0

User Mohsenr
by
9.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories