document.write( "Question 229682: if you know your original investment amount (i.e. $1000) and you know your capital doubles every 6 years, how do you determine your interest rate percentage? \n" ); document.write( "

Algebra.Com's Answer #170225 by Edwin McCravy(20086) $\"\"$ $\"About$

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if you know your original investment amount (i.e. $1000) and you know your capital doubles every 6 years, how do you determine your interest rate percentage?
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document.write( "If it's simple interest then\r\n" );
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document.write( "Then the interest in  years must equal the principle ,\r\n" );
document.write( "so we substitute  and  in the above equation\r\n" );
document.write( "and get\r\n" );
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document.write( "Divide both sides by \r\n" );
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document.write( "Edwin

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