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    xxmilanaxx's Avatar
    xxmilanaxx Posts: 1, Reputation: 1
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    #1

    May 3, 2007, 10:43 PM
    Time for lump sum to double
    How long will it take $100 to double if it earns the following rates? 24%, 21%, 100%
    RichardBondMan's Avatar
    RichardBondMan Posts: 832, Reputation: 66
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    #2

    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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