You want to invest an amount of money today and receive back twice that amount in the future.You expect to earn 6 percent interest.Approximately how long must you wait for your investment to double in value?
A)6 years
B)7 years
C)8 years
D)12 years
E)14 years

Question

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The Answer of You want to invest an amount of money today and receive back twice that amount in the future.You expect to earn 6 percent interest.Approximately how long must you wait for your investment to double in value?
A)6 years
B)7 years
C)8 years
D)12 years
E)14 years

You Want to Invest an Amount of Money Today and Receive