How long will it you to double your money if your interest rate is 4% compounded monthly? Set up and solve your equation. Round your answer to the nearest tenth and state answer in a complete sentence.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 20E
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How long will it you to double your money if your interest rate is 4% compounded monthly? Set up and solve your equation. Round your answer to the nearest tenth and state answer in a complete sentence.
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