menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Management Principles and Applications Study Set 3
  4. Exam
    Exam 5: Time Value of Moneythe Basics
  5. Question
    At 8%, Compounded Annually, How Long Will It Take $750
Solved

At 8%, Compounded Annually, How Long Will It Take $750

Question 43

Question 43

Multiple Choice

At 8%, compounded annually, how long will it take $750 to double?


A) 9 years
B) 8 years
C) 12 years
D) 4 years

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q13: At 8% compounded annually, how long will

Q24: The end of one time period and

Q38: An increase in future value can be

Q39: Rashmi's grandmother deposited $100 in an investment

Q41: When performing time value of money computations

Q42: A critical first step in solving a

Q43: Your bank has agreed to loan you

Q46: Alice Springs Investors recently advertised the following

Q48: The last amount shown on a timeline

Q91: What is the value of $750 invested

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines