Mathematics, 30.04.2021 22:00 BELLE6284
A= Pert
where P is the principal, r is the annual interest rate, and t is the number of years.
If you invest $1000 in an account, what interest rate will be required to double your money in 10 years?
a. 0.069%
b. 1%
c. 6.9%
d. 7.4%
e. 10.0%
Answers: 2
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A= Pert
where P is the principal, r is the annual interest rate, and t is the number of years.
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