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How long will it take you to double an amount of $500 if you invest it at a rate of 7% compounded monthly?   Round to 3 decimal places.​

How long will it take you to double an amount of $500 if you invest it at a rate of 7% compounded monthly?   Round to 3 decimal places.​
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How long will it take you to double an amount of $500 if you invest it at a rate of 7% compounded monthly?   Round to 3 decimal places.​

User Vaidas
by
8.0k points

1 Answer

1 vote

Answer:

9.931 years

Explanation:

User Tehnix
by
7.3k points
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