How long will it take an investment of $8,000 to double if the investment earns interest at the rate of 8% / year compounded monthly? Round your answer to the nearest tenth.

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Question

How long will it take an investment of $8,000 to double if the investment earns interest at the rate of 8% / year compounded monthly? Round your answer to the nearest tenth.
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Quizplus · Accepted Answer

The Answer of How long will it take an investment of $8,000 to double if the investment earns interest at the rate of 8% / year compounded monthly? Round your answer to the nearest tenth.
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How Long Will It Take an Investment of $8,000 to Double