document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=418770>Question 418770</A>: <I><SPAN STYLE=\"word-break: break-all;\"> What rate of interest compounded annually is required to double an investment in 6 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #292996 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=292996\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">  What rate of interest compounded annually is required to double an investment in 6 years?<BR>\n" );
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document.write( "2A = A*(1 + r)^6<BR>\n" );
document.write( "(1 + r)^6 = 2<BR>\n" );
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document.write( "1 + r =~ 1.1225<BR>\n" );
document.write( "r =~ 12.25%\r<BR>\n" );
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