Simone invests $4,000 in an account that compounds interest quarterly and earns 7%. How many years will it take for his money to double? (Round your answer to one decimal place.)

Intermediate Algebra
19th Edition
ISBN:9780998625720
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Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 443RE: Elise invests $4500 in an account that compounds interest monthly and earns 6%. How long will it...
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Simone invests $4,000 in an account that compounds interest quarterly and earns 7%. How many years will it take for his money to double? (Round your answer to one decimal place.)
  
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