Time for lump sum to double

xxmilanaxx · #1 May 3, 2007, 10:43 PM

How long will it take $100 to double if it earns the following rates?, 24%, 21%, 100%

RichardBondMan · May 6, 2007, 03:01 AM

Quote:

Originally Posted by xxmilanaxx

How long will it take $100 to double if it earns the following rates?, 24%, 21%, 100%

At 24 percent, approx 3 yrs, at 21 percent appox 3.428 years and at 100 percent .72 years.



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