How Long Will It Take an Investment of $4,000 to Double

question 9

Short Answer

How long will it take an investment of $4,000 to double if the investment earns interest at the rate of 7% compounded continuously? Round your answer to the nearest hundredth. __________ year(s)

---

Definitions:

Neologism

The creation or use of new words or expressions, often seen in linguistic development and certain psychiatric conditions.

Negative Symptom

A negative symptom, in the context of psychiatric disorders, refers to the absence or diminution of normal behaviors or emotions, such as social withdrawal or lack of motivation.

Poor Personal Hygiene

A lack of proper grooming and cleanliness routines, which can affect one's social, mental, and physical well-being.

Psychoeducational

An approach combining psychological theory and educational techniques to address and alleviate learning and behavioral issues.