Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Business & Careers > Finance   »   How long will it take to double your money

Answer this Question Ask about Finance
 
Question Tools Search this Question Display Modes
Question
 
 
#1  
Old Jan 9, 2008, 01:25 PM
Haley4Ben3Mom
New Member
Haley4Ben3Mom is offline 		 
Join Date: Jan 2008
Posts: 1
Haley4Ben3Mom See this member's comment history on his/her Profile page.
How long will it take to double your money
If you deposit money today into an account that pays 6.5 perecent interest, how long will it take you to double your money?

Reply With Quote
 
     

Answers
 
 
Old Jan 9, 2008, 01:41 PM   #2  
ScottGem
Computer Expert
ScottGem is offline
 
ScottGem's Avatar
 
Join Date: Jan 2003
Location: LI, NY - USA
Posts: 22,927
ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.
Pay to call ScottGem for advice ($.75/min)
Call ScottGem via Skype™
This is the rule of 72. Divide 72 by the interest rate (6.5) and you get a little over 11 years.
  Reply With Quote
 
     
Answer this Question Ask about Finance

« Previous Question | Next Question »

Question Tools Search this Question
Search this Question:

Advanced Search
Display Modes
Linear Mode Linear Mode

 
Similar Sponsors

Similar Questions
Question Asker Topic Answers Last Post
Who sings the song that goes like this."money money money, money?" inasintz Songs 5 Jul 29, 2007 05:01 PM
double your money dionte01 Investing 7 May 30, 2007 05:41 AM
can someone double check this for me urgent! straightline, double declining balance tjj2320 Accounting 0 May 1, 2007 06:31 AM
How long to double your money? smith4938 Finance 1 Feb 28, 2007 06:10 AM
Double Combo vs Double Tee David M Plumbing 24 Sep 3, 2005 09:09 AM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 01:33 AM.

Content Relevant URLs by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.