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?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Aug 20, 2023 83.3k views

5 votes

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

8.1k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

5 votes

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

7.5k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

No related questions found

Ask a Question

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

9.5m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

No related questions found

Other Questions