A person invested $140 in an account growing at a rate allowing the money to double every 15 years. How long, to the nearest tenth of a year would it take for the value of the account to reach $280?

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asked Mar 9, 2022 9.5k views

3 votes

A person invested $140 in an account growing at a rate allowing the money to double

every 15 years. How long, to the nearest tenth of a year would it take for the value of
the account to reach $280?

Mathematics
high-school

Pantelif asked

by Pantelif

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1 Answer

5 votes

Answer: 15 years

Explanation:

$140 doubled is $280 which happens every 15 years

Sangeet Menon answered Mar 13, 2022

by Sangeet Menon

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