SOLUTION: If you invested $5000 in a small business and the investment doubled every 4 years how much would you have after 16 years

SOLUTION: If you invested $5000 in a small business and the investment doubled every 4 years how much would you have after 16 years

Algebra.Com

Question 933622: If you invested $5000 in a small business and the investment doubled every 4 years how much would you have after 16 years
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
There are 4 4-year periods in 16 years.

RELATED QUESTIONS
Your parents invested $2000 in a college fund for you when you were 4 years old. It has... (answered by Mathtut)

Every week you put $10 in an investment that pays 10.4% interest, compounded weekly.... (answered by Theo,ikleyn,math_tutor2020)

If a Php 25,000 investment receives 5% interest each year, after how many years will the... (answered by math_tutor2020)

Thank you in advance. A business earned $6570 this year on an investment of $45,000 in (answered by stanbon)

Regina invested $150,000 in a small business at 15% compounded semi-annually for one year (answered by Theo)

Chris has invested $2,300 in two small businesses. Last year, the greeting card business... (answered by Theo)

If you put $5,000 each year into a savings account that pays interest at the rate of 4% a (answered by ewatrrr)

if you invested $250 at 16% interest how much will you have after 18... (answered by Alan3354)

If $5000 is invested at 7.8% interest compound monthly, how much would you have after 54 (answered by rfer,Edwin McCravy)