Posted by **mINDY** on Wednesday, May 16, 2012 at 8:30pm.

You invest $5,000 at a 12% annual return that is compounded quarterly. That means that your interest earned is calculated and added to your account 4 times a year.

When would your investment double in value?

## Answer This Question

## Related Questions

- Business Algebra - You invest $20,000 in two accounts. Account A earned 4.5% ...
- Business Algebra - Part I: As a financial planner a client comes to you for ...
- Business Algebra - Invest $23,000 in a savings account at 4.25% interest ...
- algebra - An investment adviser invested $14,000 in two accounts. One investment...
- Algebra - An investment adviser invested $14,000 in two accounts. One investment...
- Business Algebra - I need to know the formula for these questions and just how ...
- College algebra - suppose you invest 2500 and earn 4.2% annual interest, ...
- Math Personal Finance - Assume we invest $2000 for one year in a savings account...
- Finance - . (TCO 3) Mark deposited $1,000 today, in an account that pays eight ...
- math - earn interest - invest money that pays 6.3% interest/year compounded ...

More Related Questions