nt Use A = P(1+– where: n A = the amortized amount (total loan/investment amount over the life of the loan/investment) P = the initial amount of the loan/investment r = the annual rate of interest n = the number of times interest is compounded each year t = the time in years %3D Find how long it takes $700.00 to double if it is invested at 4% compounded monthly. It will take years. (Round answer to 3 decimal places.)

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Q: ; find value of matrix A eigen -2 A %3D 2. 2.

A: I am attaching image so that you understand each and every step.

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