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Louis needs to make an investment that will double in 5 years. Which interest rate, compounded annually, is the lowest rate that will allow for this to happen? A 4.4% B. 7.2% C. 14.4% D. 16.6% C is the
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Louis needs to make an investment that will double in 5 years. Which interest rate, compounded annually, is the

lowest rate that will allow for this to happen?
A 4.4%
B. 7.2%
C. 14.4%
D. 16.6%

C is the correct answer
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