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    SAlston79's Avatar
    SAlston79 Posts: 3, Reputation: 1
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    #1

    Dec 1, 2009, 09:08 PM
    solve for n: 2 = 1(1.1)^n
    If $1.00 is invested at 2%, it takes approximately 34.9 years to double. Invested at 5%, it takes 14.2 years to double. How many years will it take to double $1.00 if invested at 10%; 12%?
    KISS's Avatar
    KISS Posts: 12,510, Reputation: 839
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    #2

    Dec 1, 2009, 09:14 PM

    http://www.wolframalpha.com/input/?i=2+%3D+1%281.1%29^n
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