Asked by Student
How long would it take Belinda's $800 investment to double in value if she has a bond with a 8.75% interest rate?
Answers
Answered by
Damon
every year she gets 0.0875*800 = 70
70 x = 800
x = 80/7 = 11.43 years so almost 12 years
70 x = 800
x = 80/7 = 11.43 years so almost 12 years
Answered by
primavera gang where you attttt
sooo whats the answerrr
Answered by
Not a fool.
8.2 Just divide 72 by the interest rate to find how long it will take to double. 72/8.75=8.22 so 8.2 ON MY MOTHER THIS IS CORRECT. YOU'RE WELCOME.
Answered by
bro
thanks g you a real one^
Answered by
Demonz
THE ANSWER IS 8.23 EVERYONE NO CAP
Answered by
SPRITEEE
You guys are wrongggg
Answered by
SPRITEEE
Jk
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