SOLUTION: Chandler has 2.5 years to double his $100. What interest rate does Chandler need? Carl has 24 years to double his money. What interest rate does Carl need? Maggie has 8.75 y

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Question 1111062: Chandler has 2.5 years to double his $100. What interest rate does Chandler need?
Carl has 24 years to double his money. What interest rate does Carl need?
Maggie has 8.75 years to double her $100. What interest rate does Maggie need?

Answer by ikleyn(52781)   (Show Source): You can put this solution on YOUR website!
.
All your formulations and problems make no sense, until the post says whether the account is SIMPLE or COMPOUND interest.


Also
     Only one problem per post is allowed.    IT IS THE RULE OF THIS WEB-SITE/forum.


     Do not send one-type (same-type) problems.



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