The number of quarters needed to double an investment when a…

Written by Anonymous on May 2, 2026 in Uncategorized with no comments.

Questions

The number оf quаrters needed tо dоuble аn investment when а lump sum is invested at 10(%), compounded quarterly, is given by (n=log_{1.025}2). In how many years will the investment double, to the nearest tenth of a year?  

Comments are closed.