maya111175 maya111175

09-11-2021
Mathematics

contestada

Sam invests a sum of money into an account that pays 3%
compound interest per annum.

Work out after how many years Sam will have doubled his investment.

Give your answer as a whole number of years.

Respuesta :

davis1mclauchlin davis1mclauchlin

09-11-2021

Answer: It would take 24 years to double your investment.

Hope this helps!

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