document.write( "Question 466015: At what interest rate (to the nearest hundredth of a percent) compounded annually will money in savings double in five years \n" ); document.write( "

Algebra.Com's Answer #319378 by ewatrrr(24785) $\"\"$ $\"About$

You can put this solution on YOUR website!

 
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document.write( "Hi,
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document.write( "A= p(1+r) ^t 
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document.write( " 2 = (1+r)^5
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document.write( " 1.1487 = 1 + r
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document.write( "  .1487 = r  14.87% interest rate...money will double in 5 years \n" );
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