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Category > Business & Finance Posted 10 Jun 2017 My Price 12.00

You have $100 to invest.

You have $100 to invest. If you can earn 12% interest, about how long does it take for your $100 investment to grow to $200? Suppose the interest rate is just half that, at 6%. At half the interest rate, does it take twice as long to double your money? Why or why not? How long does it take?

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Homework Helper
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Status NEW Posted 10 Jun 2017 09:06 AM My Price 12.00

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