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jok3333 [9.3K]
4 years ago
10

Investmants historically have doubled every 9 years. If you start with a 2000 investment how much money wpuld you have after 54

Mathematics
1 answer:
QveST [7]4 years ago
4 0
Period For Interest = 9 months
Period taken = 54 months
Investment =   2000

Quarters for payment = 54 ÷ 9
          =6 periods 

2000×2 = 4000
4000×2 = 8000
8000×2 = 16000
16000×2 = 32000
32000×2 = 64000
64000×2 = 128000

   Answer = 128000
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