Asked by Anonymous

investment of 2000 doubles every 8 years. how much is the investment worth after 24 years. after 32 years.

5 years ago

Answered by oobleck

24 = 8*3, so it will have doubled 3 times
similarly for 32 = 8*4

5 years ago

Answered by henry2,

n = 24/8 = 3
V = 2^n * Vo = 2^3 * 2000 = $16,000.

n = 32/8 = 4
V = 2^n * Vo = 2^4 * 2000 =

5 years ago

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