Write a program that uses a while loop to determine how long it takes for an investment to double at a given interest rate. The input will be an annualized interest rate, and the output is the number of years it takes an investment to double. Note: The amount of the initial investment does not matter; you can use $1.

Programming Logic & Design Comprehensive
9th Edition
ISBN:9781337669405
Author:FARRELL
Publisher:FARRELL
Chapter6: Arrays
Section: Chapter Questions
Problem 7RQ
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3. Write a program that uses a while loop to determine how long it takes
for an investment to double at a given interest rate. The input will be an
annualized interest rate, and the output is the number of years it takes an
investment to double. Note: The amount of the initial investment does not
matter; you can use $1.
Transcribed Image Text:3. Write a program that uses a while loop to determine how long it takes for an investment to double at a given interest rate. The input will be an annualized interest rate, and the output is the number of years it takes an investment to double. Note: The amount of the initial investment does not matter; you can use $1.
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