How long will it take for $1,200 to double if it is invested at 12% annual interest compounded 6 times a year? Enter in exact calculations or round to 3 decimal places.
It will take years to double.
How long will it take if the interest is compounded continuously?
Compounded continuously, it would only take years
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Surely after all the similar questions you have posted, you have some of your own input by now?
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