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OpenStudy (anonymous):
ryan was 8 when his parents invested $4000 in a certificate of deposit that pays 6%. if ryan leaves the account alone until the investment doubles, how old wil he be? (assume that the intrest is no compounded.)
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OpenStudy (anonymous):
ryan was 8 when his parents invested $4000 in a certificate of deposit that pays 6%. if ryan leaves the account alone until the investment doubles, how old wil he be? (assume that the intrest is no compounded
OpenStudy (anonymous):
investment doubles means, it must have earned $4000 right ?
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