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-   -   Time for lump sum to double (https://www.askmehelpdesk.com/showthread.php?t=89016)

  • May 3, 2007, 10:43 PM
    xxmilanaxx
    Time for lump sum to double
    How long will it take $100 to double if it earns the following rates? 24%, 21%, 100%
  • May 6, 2007, 03:01 AM
    RichardBondMan
    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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