
Yefim S. answered 12/16/22
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IV = $1000; 2000 = 1000e7r; r = ln2/7 = 0.0990 = 9.9%; FV = 1000e0.99 = $ 269123
Josias D.
asked 12/16/22Initial | InvestmentAnnual | % RateTime to | DoubleAmount After | 10 Years |
$ | % | 7 yr | $2,000 |
Yefim S. answered 12/16/22
Math Tutor with Experience
IV = $1000; 2000 = 1000e7r; r = ln2/7 = 0.0990 = 9.9%; FV = 1000e0.99 = $ 269123
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