daiscott1152 daiscott1152

16-11-2021
Business

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How long will it take an investment of $2000 to double if the investment earns interest at the rate of 9%/year compounded monthly

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isaacmphaka258 isaacmphaka258

17-11-2021

Answer:

5 months

Explanation:

when it comes to compound interest rate. The investment rises quickly because it doubles

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