Mathematics, 20.10.2019 07:10 Hamadsaqer9
Hi im having some trouble understanding simple and compound interest. this is the question pulled from my textbook, it probably seems basic but i have trouble with comprehension.
josh decides to put $5000 into an investment account that pays 5.0% per annum simple
interest. if he leaves the money there until it doubles, how long will this take, to the nearest month?
Answers: 3
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Hi im having some trouble understanding simple and compound interest. this is the question pulled fr...
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