Multiple Choice
How long will it take an investment to double in value if it earns 6% compounded quarterly? Include accrued interest and round the answer to the nearest month
A) 11 years 11 months
B) 11 years 9 months
C) 11 years 8 months
D) 3 years 11 months
E) 3 years 10 months
Correct Answer:
Verified
Correct Answer:
Verified
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