finance

how long will it take to double my investment with 2500 at 4% annually

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  1. 2 = 1(1.04)^n
    log 2 = log (104^n(
    n log 1.94 = log 2
    n = log 2/log 1.04 = appr. 17.67 years

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    posted by Reiny

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