document.write( "Question 848248: How many years will it take for $3000 to double at a simple interest rate of 2%?
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #510981 by rvfer(117)\"\" \"About 
You can put this solution on YOUR website!
I=Prt
\n" ); document.write( "3000=3000*0.02t
\n" ); document.write( "3000/60=t
\n" ); document.write( "t=50 yrs
\n" ); document.write( "
\n" );