If you have ​$50,000 in a bank account that is paying an interest rate of 9 percent that is being compounded ​annually, how many years will it take to double your investment if the interest rate stays the​ same? What is the doubling​ time? ____ years

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
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ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
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If you have
​$50,000 in a bank account that is paying an interest rate of 9 percent that is being compounded ​annually, how many years will it take to double your investment if the interest rate stays the​ same?
What is the doubling​ time? ____ years
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