Solve the Problem. -You Have Money in an Account at 4% Interest, Compounded

question 186

Multiple Choice

Solve the problem.
-You have money in an account at 4% interest, compounded monthly. To the nearest year, how long will it take for your money to double?

• A)24 years
• B)14 years
• C)10 years
• D)17 years

---

Definitions:

Physical Gestures

Movements of the body, especially hands and arms, that convey a message or emotion without using words.

Voice

The distinctive tone or style of communication used in writing or speech, reflecting the personality or perspective of the author or speaker.

Timing

The selection of the most appropriate or effective moment to perform an action or make a decision.

Linear Flows

Processes or systems that move in a straight line or sequence, often used to describe traditional communication or production methods.