If you deposit $10,000 in an investment that you 6% annually, how many years would it take for your investment to double in value? | Homework.Study.com (2024)

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• Say you have invested $50,000 at a yearly interest rate of 12.5% compounded annually. How many years will it take for your investment to double in size?
• Approximately, how many years does it take to double a $2000 investment when interest rates are 6% per year?
• If $17,000 is invested at 10% per year, in approximately how many years will the investment double? A. 14.6 years B. 11.0 years C. 8.4 years D. 7.3 years
• How long (in years and months) will it take for an investment to double at 11%?
• Approximately how many years does it take to double a $600 investment when interest rates are 6% per year? a) 0.08 years b) 8 years c) 8.33 years d) 12 years
• Suppose you deposit money in an investment account that pays 7% annual interest compounded continuously. About how many years will it take for your initial deposit to double?
• How long will it take an investment to double in value if the interest rate is 9% compounded annually?
• How long does it take to double an investment of $14,000 if the investment pays only simple interest at the rate of 12% per year?
• How long does it take to double an investment of $7,000, if the investment pays only simple interest at the rate of 10% per year?
• How many years are required for an investment to double in value if it is appreciating at the rate of 11% compounded continuously?
• If you invest $10,000 today, how many years will it take for you to double your $, if the annual interest rate is 6%?
• How many years are required for an investment to double in value if it is appreciating at the rate of 33% compounded continuously?
• How many years are required for an investment to double in value if it is appreciating at the rate of 12% compounded? Continuously?
• Approximately how many years are needed to double a $100 investment when interest rates are 6.50 percent per year?
• Approximately how many years are needed to double a $100 investment when interest rates are 7.50 percent per year?
• Approximately how many years are needed to double a $100 investment when interest rates are 5.75 percent per year?
• Approximately how many years are needed to double a $100 investment when interest rates are 7 percent per year?
• If your investment doubles in value in 12 years, what approximate annual rate of return would you have earned?
• How long will it take for an investment of $1,000 to double in value if the interest rate is 7.5% per year, compounded continuously?
• To the closest year, how long will it take a $200 investment to double if it earns 7% interest? How long will it take if the investment earns 18 percent?
• How long will it take to double $1,000 if invested at 12.25% using annual compounding? a. 7.2 years b. 6.5 years c. 6 years d. 5 years e. none of the given ones
• a) To the closest year, how long will it take a $200 investment to double if it earns 7 percent interest? b) How long will it take if it earns 18 percent?
• You are currently investing your money in a bank account that has a nominal annual rate of 10 percent. How many years will it take for you to double your money?
• An investment of $2,000 pays 8% interest compounded annually. How many periods will it take for the investment to have a value of $2,660?
• How long it takes to double investment of $10,000 compounding continuously with annual interest rate of 5.35%?
• How long does it take for an investment to double in value if it is invested at 14% compounded monthly?
• How long does it take for an investment to double in value if it is invested at 8.9% compounded monthly?
• How high is the constant yearly interest rate if an investment doubles in value within 20 years?
• If you presently have $6,000 invested at a rate of 15%, how many years will it take for you investment to triple?
• How long does it take for an investment to double in value if it is invested at 8% per annum a) compounded monthly? b) compounded continuously?
• You are interested in determining how long it will take an investment of $10,000,000 to double in value. The current interest rate is 7% compounded annually. How many years will it take $10,000,000 to
• How long will it take to double $500 if it is invested in an account earning 100% interest, compounded annually?
• How long will it take to double $500 if it is invested in an account earning 10% interest, compounded annually?
• How long will it take to double $500 if it is invested in an account earning 6% interest, compounded annually?
• How long will it take to double $500 if it is invested in an account earning 20% interest, compounded annually?
• Approximately, how many years does it take to double a $1,000 investment when interest rates are 4% per year? Present Value Payment Future Value Rate Number of periods
• Approximately how many years are needed to double a $100 investment when the interest rate is 8.50% per year? (Round the answer to 2 decimal places.)
• What annual rate of interest compounded annually is required to double an investment in 10 years?
• How long does it take for an investment to double in value if it is invested at 5.55% compounded quarterly?
• Approximately how many years are needed to double a $100 investment when interest rates are 7.25 percent per year? (Round your answer to 2 decimal places.)
• a.If your investment doubles in 6 3/4 years, what approximate annual rate of return would you have earned? b. If you could earn an annual rate of 7.50%, approximately how long would it take for your
• Approximately how many years are needed to double a $100 investment when interest rates are 9.25% per year? (Round the answer to 2 decimal places.)
• Approximately how many years are needed to double a $100 investment when interest rates are 5.50% per year? (Round your answer to 2 decimal places.)
• Approximately how many years are needed to double a $100 investment when interest rates are 4.50% per year? (Round your answer to 2 decimal places.)
• If you presently have $7,000 invested at a rate of 8%, how many years will it take for your investment to quadruple with monthly compounding? a. 10.2 years b. 9.1 years c. 22.5 years d. The number o
• How long does it take for an investment to double in value if it is invested at 10.99% interest compounded continuously?
• How long does it take for an investment to double in value if it is invested at 20% compounded monthly question mark compounded continuously?
• How long does it take for an investment to double in value if it is invested at 20% compounded continuously?
• How many years it will take you to double your money if you can earn 6% each year, given that compounding is quarterly?
• How much would you have exactly five years from now if you deposit $100 today, $200 at the end of this year, and another $200 two years from now, assuming that you can earn an interest rate of 4.5% p.a. on your investment?
• If you could earn an annual rate of 4 5%, approximately how long would it take for your investment to double?
• If you want an investment to double in 6 years, what interest rate must it earn?
• How long must one wait (to the nearest year) for an initial investment of $1,000 to triple in value if the investment earns 8% compounded annually? a. 9.81 years b. 14.27 years c. 22.01 years d. 25.00 years
• How long will it take for a $2,000 investment to double in value? Assume that the interest rate is 8 percent.
• How long will it take $200 to double, if compounding occurs once a year at 7%?
• How many years would it take for an investment of $50,000 to grow to $150,000 if an annual rate of 6% was earned?
• How long would it take an investment to double under each of the following conditions? a. Interest is 3.3% compounded monthly. Blank years and Blank months. b. Interest is 7% compounded continuously. Blank years.
• How long will it take an investment to double in value if the interest rate is 2% compounded continuously?
• How long will it take an investment to double in value if the interest rate is 9% compounded continuously?
• Jack deposited $10,000, which is compounded monthly at an annual interest rate of 6.90% for t years. How many years will it take the initial investment to double?
• You currently have $58.1 in your savings account at an annual rate of 6%. How many years will it take for this investment to grow to a value of $447.1?
• How long would it take $1,000 to double if it were invested in a bank that pays 6% per year?
• How long does it take for an investment to double in value if it is invested at 15% compounded quarterly? Compounded continuously?
• How long does it take for an investment to double in value if it is invested at 66% compounded quarterly? Compounded continuously?
• At 10.38% compounded annually, how long (how many years) will it take $631 to double?
• You currently have $58.1 in your savings account at an annual rate of 6 percent. How many years will it take for this investment to grow to a value of $447.1?
• If you invest $20,000 now and your investment pays 5% per annum, how much will you have in 20 years if compounded annually?
• You deposit $2,000 at the end of year 2 (i.e., in 2 years) and then $3,000 at the end of year 4. What will you have at the end of year 7 if you can earn 5% per year on the investment? Show all work.
• If you deposit $2,000 per year for 40 years and earn 10% annually, but withdraw the interest and spend it, what will the value of the investment in 40 years?
• How many years will it take an investment to triple itself if the interest rate is 8%, compounded annually? A. 13.27 years B. 14.27 years C. 15 years D. 15.42 years E. None of above
• How many years would it take an investment of $372 to grow to $6,464 at the annual rate of 27.00%?
• How long does it take for an investment at 3.3% compounded quarterly to double in value?
• How long must one wait (to the nearest year) for an initial investment of $1,500 to triple in value if the investment earns 7% compounded annually?
• How long does it take for an investment at 2.25% compounded annually to triple in value?
• You have been offered an investment that will double your money in 10 years. What rate of return is you being offered?
• How many years will it take for an investment of $3,000 to increase to $7,740, if invested at a compound annual rate of 9%?
• How long will it take for an investment to double in value if it earns 5.4% compounded continuously?
• Approximately how long will it take to double your money if you get a 5.5%, 7.5%, or 9.5% annual return on your investment? Verify the approximate doubling period with the time value of money equation.
• You invest $1000 in an account paying 6% compounded monthly. How long will it take to double your investment?
• How long does it take for a deposit of $1,656 to triple in value if invested at the interest rate of 5.90%? a. 19.16 years b. 20.25 years c. 21.26 years d. 22.38 years e. 23.56 years
• How many years would it take your money to double at 10% interest compounded yearly?
• About how many years would it take for your investment to grow twofold if it were invested at 16% compounded annually. a. if you invest $1 at 16% compounded annually about how many years would it ta
• How long must one wait (to the nearest year) for an initial investment of $1,000 to triple in value if the investment earns 8% compounded annually?
• If you earn 10% interest, how many years will it take to double your money?
• What will the formula be for the future value of an investment be if the investment amount doubles cumulatively every second year?
• A sum of money invested at a certain rate of interest doubles itself in 12 years. In how many years will the money triple itself at the same rate?
• How long will it take $300 to double if it earns the following rates? Compounding occurs once a year. a. 6% b. 13% c. 21% d. 100%
• If you invest $1 at an APR of 9 percent compounded annually, about how many years would it take for your investment to grow threefold to $3?
• How long does it take for an investment at 1.99% compounded daily to double in value?
• How long does it take for an investment at 2.2% compounded daily to double in value?
• If money is invested at 8% per year after, approximately how many years will the interest earned be equal to the original investment?
• Theresa invested $5,000 in an account she expects will earn 7% annually. Approximately how many years will it take for the account to double in value?
• Theresa invested $5,000 in an account she expects will earn 7% annually. Approximately how many years will it take for account to double in value? -8 -9 -10 -11 -12
• If you invest $2,000 today and it earns 25% per year, how much will you have in 15 years?
• How long (in years) will it take $400 to double if it earns the following rates? Compounding occurs once a year. Round each answer to two decimal places. a) 7% b) 11% c) 16% d) 100%
• How long will it take to double your savings if you earn 6.8 percent interest, compounded annually?
• If money is invested at 8% per year, after approximately how many years will the interest earned be equal to the original investment? a, 5 years b. 6 years c. 9 years d. 2 years e. 8 years
• How long it will take an initial deposit of $10,000 to double if the annual interest rate on the deposit is a. 10%? b. 7%?
• How long will it take an investment to double, compounded continuously at 8%?
• It will take _____ years to double your money at a 11% rate of interest compounded annually.