SOLUTION: interest on a money market account is compounded quarterly at the rate of 6 1/4 percent. if a principal of 1400 is invested, after how long will it double ?

SOLUTION: interest on a money market account is compounded quarterly at the rate of 6 1/4 percent. if a principal of 1400 is invested, after how long will it double ?

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Question 698314: interest on a money market account is compounded quarterly at the rate of 6 1/4 percent. if a principal of 1400 is invested, after how long will it double ?
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!
11.4years
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