28. Suppose an investment doubles in value every 5 years. This is year the investment is worth $12,480. How much will it be worth 10 years from now? How much was it worth 5 years ago?

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asked Aug 20, 2023 83.3k views

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28. Suppose an investment doubles in value every 5 years. This is year the

investment is worth $12,480. How much will it be worth 10 years from now? How
much was it worth 5 years ago?

Mathematics
high-school

Matheburg asked

by Matheburg

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I think the answer is in 10 years from now the investment will be worth 24,960 and five years ago it was worth

Flash Sheridan answered Aug 26, 2023

by Flash Sheridan

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