SOLUTION: if $8000 is invested in a 2.5% account for 10 years compounded quartly how long would it take for the account to double?
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Question 956873: if $8000 is invested in a 2.5% account for 10 years compounded quartly how long would it take for the account to double? Answer by Fombitz(32388) (Show Source):
You can put this solution on YOUR website! Check your problem setup.
What is the 10 years doing there?
I thought you wanted to find the time it takes to double the $8000.
Please repost and clarify.