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How long will it take money to double itself if invested...

This question belongs to Civil Engineering Engineering Economics
Engineering Economics
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How long will it take money to double itself if invested at 5% compounded annually?

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Correct Answer: Option C
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2 Comments
Umaru Chan
Umaru Chan 3 years ago
2=(1+5%)^x then use calculator to shift solve it x=14.206
Ronald Tinay
Ronald Tinay 6 years ago
What is the formula on how to solve it?
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