Suppose it took x years for an investment to grow from $100 to $200 at a fixed compound rate of return. How many more years will it take to earn an additional:
a) $100?
b) $200?
c) $300? In each case, pick an answer from: (i) more than x years, (ii) less than x years, (iii) exactly x years.

Question

Suppose it took x years for an investment to grow from $100 to $200 at a fixed compound rate of return. How many more years will it take to earn an additional:
a) $100? 
b) $200? 
c) $300? In each case, pick an answer from: (i) more than x years, (ii) less than x years, (iii) exactly x years.

Quizplus · Accepted Answer

The Answer of Suppose it took x years for an investment to grow from $100 to $200 at a fixed compound rate of return. How many more years will it take to earn an additional:
a) $100? 
b) $200? 
c) $300? In each case, pick an answer from: (i) more than x years, (ii) less than x years, (iii) exactly x years.

Suppose It Took X Years for an Investment to Grow