nebur
Apr 6, 2009, 06:24 PM
If you deposit money today in an account that pays 6.5 percent annual interest, how long will take to double your money?
ROLCAM
Apr 7, 2009, 05:13 AM
Just a little over 11 years.
1 100,000.00 106,500.00
2 106,500.00 113,422.50
3 113,422.50 120,794.96
4 120,794.96 128,646.64
5 128,646.64 137,008.67
6 137,008.67 145,914.23
7 145,914.23 155,398.65
8 155,398.65 165,499.57
9 165,499.57 176,257.04
10 176,257.04 187,713.75
11 187,713.75 199,915.14