How long, to the nearest year, will it take an investment in U.S. to double its value if the interest is compounded every six months Please round the answer to the nearest year. $$\begin{array} { | l | l | l | l | l | l | }
\hline \text { Country } & \text { U.S. } & \text { Japan } & \text { Canada } & \text { Korea } & \text { Australia } \
\hline \text { Yield } & 5.3 \% & 1.5 \% & 5.2 \% & 5.4 \% & 6.0 \% \
\hline
\end{array}$$
A)14 years
B) 16 years
C) 13 years
D) 8 years
E) 15 years

Question

How long, to the nearest year, will it take an investment in U.S. to double its value if the interest is compounded every six months  Please round the answer to the nearest year. $$\begin{array} { | l | l | l | l | l | l | } 
\hline \text { Country } & \text { U.S. } & \text { Japan } & \text { Canada } & \text { Korea } & \text { Australia } \
\hline \text { Yield } & 5.3 \% & 1.5 \% & 5.2 \% & 5.4 \% & 6.0 \% \
\hline
\end{array}$$ 
A)14 years
B) 16 years
C) 13 years
D) 8 years
E) 15 years

Quizplus · Accepted Answer

The Answer of How long, to the nearest year, will it take an investment in U.S. to double its value if the interest is compounded every six months  Please round the answer to the nearest year. $$\begin{array} { | l | l | l | l | l | l | } 
\hline \text { Country } & \text { U.S. } & \text { Japan } & \text { Canada } & \text { Korea } & \text { Australia } \
\hline \text { Yield } & 5.3 \% & 1.5 \% & 5.2 \% & 5.4 \% & 6.0 \% \
\hline
\end{array}$$ 
A)14 years
B) 16 years
C) 13 years
D) 8 years
E) 15 years

How Long, to the Nearest Year, Will It Take an Investment