Test: Finite Mathematics


Money is deposited in a bank account at 7% interest per year, compounded bimonthly. If no money is deposited into or withdrawn from the account, then how long will it take for the money to double?

9 years 10 months

9 years 8 months

10 years 0 months

9 years 6 months

10 years 2 months

1/1 questions


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