The Number of Periods Needed to Double an Investment When $\mathrm { n } = \frac { \ln 2 } { \ln 1.055 }$

question 97

Multiple Choice

The number of periods needed to double an investment when a lump sum is invested at 11%, compounded semiannually, is given by n $\mathrm { n } = \frac { \ln 2 } { \ln 1.055 }$ . Find n, rounded to the nearest tenth.

• A) 12.9 periods
• B) 15.9 periods
• C) 17.9 periods
• D) 8.9 periods

Differentiate between warm and cold ocean currents and their influences on climate.

Understand and describe the phenomenon and impacts of El Niño and La Niña.

Explain the seasonal and spatial variability in sea surface temperatures and their impact on climate.

Understand the dynamics of monsoons and their effects on regional climates.

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