document.write( "Question 687527: I would like to double check my answer.\r
\n" ); document.write( "\n" ); document.write( "How long will it take $1400 to double at 12% annual interest compounded quarterly?\r
\n" ); document.write( "\n" ); document.write( "The answer I get is 5.9 years. I rounded to 5.9 because my calculation came out to 5.862. My practice book gives me the options of 5.9,5.8,4.1,and 4.2.\r
\n" ); document.write( "\n" ); document.write( "Am I correct?
\n" ); document.write( "

Algebra.Com's Answer #425211 by MathTherapy(10552)\"\" \"About 
You can put this solution on YOUR website!

\n" ); document.write( "I would like to double check my answer.\r
\n" ); document.write( "\n" ); document.write( "How long will it take $1400 to double at 12% annual interest compounded quarterly?\r
\n" ); document.write( "\n" ); document.write( "The answer I get is 5.9 years. I rounded to 5.9 because my calculation came out to 5.862. My practice book gives me the options of 5.9,5.8,4.1,and 4.2.\r
\n" ); document.write( "\n" ); document.write( "Am I correct?\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Yes, you are!! Good job!!
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\n" );