You Deposit $10,000 in an Account That Doubles in "6

question 78

Multiple Choice

You deposit $10,000 in an account that doubles in "6" years. How many years will it take the account to be reduced to its original value if it loses 10 percent per year?

• A) 6.00 years
• B) 6.58 years
• C) 7.27 years
• D) 10.00 years

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A mistake made during the process of reviewing and correcting written material before it is finalized or published.

Spell Check

A tool or feature that identifies and corrects misspellings in text, improving the accuracy and readability of written material.

Parallel Structure

The repetition of a chosen grammatical form within a sentence, making it more symmetrical or balanced in construction.

Plant Equipment

Industrial tools and machinery used for the manufacturing process in factories and production sites.