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How Long, to the Nearest Year, Will It Take an Investment

Question 74

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How long, to the nearest year, will it take an investment in Canada to double its value if the interest is compounded every six months Please round the answer to the nearest year.  Country  U.S.  Japan  Canada  Korea  Australia  Yield 5.3%1.5%5.2%5.4%6.0%\begin{array} { | l | l | l | l | l | l | } \hline \text { Country } & \text { U.S. } & \text { Japan } & \text { Canada } & \text { Korea } & \text { Australia } \\\hline \text { Yield } & 5.3 \% & 1.5 \% & 5.2 \% & 5.4 \% & 6.0 \% \\\hline\end{array}
t = __________ year(s)

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