Approximately How Long Will It Take for an Investment to Double

question 26

Multiple Choice

Approximately how long will it take for an investment to double in value if the interest rate is 10.5%?

• A)6.86 years.
• B)5.86 years
• C)5.36 years
• D)7.36 years.
• E)2.36 years.

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Definitions:

Family Sexual Culture

The set of beliefs, values, attitudes, and practices regarding sexuality that is shared among members of a family.

Resilience

The ability to recover quickly from the adverse effects of early experience or persevere in the face of stress with no apparent special negative psychological consequences.

Self-efficacy

An individual's belief in their own ability to succeed in specific situations or accomplish a task.