Suppose an investment of $2000 doubles in value every 8 years. How much is the investment worth after 24 years? After 32 years?
1 answer:
24 years = $16,000
33 years = $32,000
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Answer:
1/6
Step-by-step explanation:
(16 2/3) / 100
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(2^3) = 2*2*2 = 8
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