document.write( "Question 1185341: Bob invests 5000 euros in a fixed deposit that pays a nominal annual interest rate of 4.5% compounded monthly, for seven years. \r
\n" ); document.write( "\n" ); document.write( "Carla has 7000 dollars to invest in a fixed deposit which is compounded annually. She aims to double her money after 10 years. Find the minimum annual interest rate needed for Carla to achieve her aim. \n" ); document.write( "
Algebra.Com's Answer #816190 by ikleyn(52805)\"\" \"About 
You can put this solution on YOUR website!
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\n" ); document.write( "\n" ); document.write( "To see many similar  (and different)  solved problems on compounded interest accounts,  look into the lessons\r
\n" ); document.write( "\n" ); document.write( "    - Compounded interest percentage problems \r
\n" ); document.write( "\n" ); document.write( "    - Problems on discretely compound accounts \r
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\n" ); document.write( "\n" ); document.write( "Learn the subject from there - - - with full,  clear,  compact and detailed explanations and without headache.\r
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