How long would it take Belinda's $800 investment to double in value if she has a bond with a 8.75% interest rate?

Answer 1

every year she gets 0.0875*800 = 70
70 x = 800
x = 80/7 = 11.43 years so almost 12 years

Answer 2

sooo whats the answerrr

Answer 3

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.

Answer 4

thanks g you a real one^

Answer 5

THE ANSWER IS 8.23 EVERYONE NO CAP

Answer 6

You guys are wrongggg

Answer 7

Jk