document.write( "Question 998345: An investment of $10,000 with Barnes Bank earns a 2.42% APR compounded monthly.
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document.write( "Determine how long it will take the investment to double
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document.write( "Pleas help, thank you! \n" );
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Algebra.Com's Answer #616240 by tifftiff133(4)![]() ![]() ![]() You can put this solution on YOUR website! When solving I did the cross multiply divide system to figure out what they would make per month, which I came up with 242, from that perspective then you just have to figure out how many times you need to add that on. I got around 41 to 42 months. Though you should probably double check my work to make sure that I didn't miss anything. Good Luck on your math work! \n" ); document.write( " |