document.write( "Question 436823: How long does it take $875 to double if it is invested at 8% compounded monthly? \n" ); document.write( "
Algebra.Com's Answer #853287 by n3(5) ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The post by @josgarithmetic with his answer \" about 8 years and 8 months \" is \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " (1) incorrect\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " and\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " (2) distorts the meaning of the problem and the meaning of my solution.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This problem is not seeking for an approximate solution.\r \n" ); document.write( "\n" ); document.write( "What josgarithmetic calls \" an approximate solution \", is NOT a solution and is NOT an appropriate solution.\r \n" ); document.write( "\n" ); document.write( "The problem seeks for a PRECISE solution, instead, which is achieved via the proper rounding.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The proper rounding of the resulting decimal number to the closest greater integer number \n" ); document.write( "is an integral and essential part of the solution, which can not be neglected/ignored/omitted.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Regarding all the rest in the post by @josgarithmetic, it is a reduced re-writing from the solution by @ikleyn. \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Therefore, my advise and instruction to a reader is fully ignore the post by @josgaritmetic.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "*********************************************************************\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " @josgarithmetic, rewriting from others is a very low-level practice, \r \n" ); document.write( "\n" ); document.write( " so I advise you to stop doing it.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "*********************************************************************\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |