SOLUTION: How long does it take for an amount of money P to double itself if it's invested at 9% interest compounded 3 times a year? Round your answer to 2 decimal places.
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Question 1153879: How long does it take for an amount of money P to double itself if it's invested at 9% interest compounded 3 times a year? Round your answer to 2 decimal places.
Answer by greenestamps(13200) (Show Source): You can put this solution on YOUR website!
If t is the number of years, then
Use a calculator....
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