How Long Will It Take an Investment of $7,000 to Double

question 234

Multiple Choice

How long will it take an investment of $7,000 to double if the investment earns interest at the rate of 7% compounded continuously? Round your answer to two decimal places.

• A) year(s)
• B) year(s)
• C) year(s)
• D) year(s)
• E) year(s)

---

Definitions:

End Interview

The final phase of an interview process, concluding discussions or sessions.

Typical Interview

A standard or common format of an interview where questions are asked to assess a candidate's suitability for a position.

Thank-You Message

A written or verbal expression of gratitude towards someone for their help, support, or gift.

Tentative

Something not fully worked out, finalized, or definite, subject to further confirmation or adjustment.