document.write( "Question 799359: How long would $100,000 take to double at a simple interest rate of 8%? \n" ); document.write( "
Algebra.Com's Answer #482621 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Multiply 100,000 times 0.08 to get the amount earned each year. Divide the result into 100,000 to get the number of years required to earn 100K in interest.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "Egw to Beta kai to Sigma \n" ); document.write( "My calculator said it, I believe it, that settles it \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |