Join the growing community of curious minds on IDNLearn.com and get the answers you need. Join our interactive Q&A platform to receive prompt and accurate responses from experienced professionals in various fields.
Find how long it takes $2500 to double if it is invested at 6% interest compounded semiannually. Use the formula A=P(1+r/n) to solve the compound interest problem.
It will take approximately years.
(Do not round until the final answer. Then round to the nearest tenth as needed.)
