SOLUTION: I have a word problem. If you deposit money today into an account that pays 6.5 percent interest, how long will it take for you to double your money?
Please help me with the wo
Algebra ->
Quadratic Equations and Parabolas
-> SOLUTION: I have a word problem. If you deposit money today into an account that pays 6.5 percent interest, how long will it take for you to double your money?
Please help me with the wo
Log On
Question 103354: I have a word problem. If you deposit money today into an account that pays 6.5 percent interest, how long will it take for you to double your money?
Please help me with the word problem.
thanks Answer by HyperBrain(694) (Show Source):
You can put this solution on YOUR website!
If you amt. of money in order for it to double, the interest must be also.
x=x*0.065*time
time=15.38 approx.
(