SOLUTION: Use the compound interest formula to determine how long it will take for a sum of money to double if it is invested at a rate of 3% per year compounded monthly. (Give the answer to
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Question 690100: Use the compound interest formula to determine how long it will take for a sum of money to double if it is invested at a rate of 3% per year compounded monthly. (Give the answer to two decimal places.)
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
^{12t}\ =\ 2)
Solve for 
John
Egw to Beta kai to Sigma
My calculator said it, I believe it, that settles it
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