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simone invests $8000 in an account that compounds interest quarterly and earns 5%. How long will it take for his money to double?
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4 votes
simone invests $8000 in an account that compounds interest quarterly and earns 5%. How long will it take for his money to double?

User Surya Wijaya Madjid
by
7.9k points

1 Answer

5 votes

Answer:

It would take 2 years to double

Explanation:

User Smhg
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