Jari invests in a cd with an annual interest rate of 6.90% compounded quarterly. how many years will it take for jari's investment to double. round your answer 4 decimal places and include a label

  10.1246 years (approx)

Step-by-step explanation:

Here, She invests in a CD with an annual interest rate of 6.90% compounded quarterly.

Let the initial amount or principal = P

And, Let after t years it is doubled.

Therefore,

⇒

⇒ ( By taking log both sides)

⇒

⇒t= log 2/log 1.07080599536= 10.1245504311≈10.1246 years

$35.59 in pounds

step-by-step explanation:

the correct answer to your question is a. 4^4

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