3 years ago

Alexandra invests some money into an account that pays 0.5% compound interest per annum.

Mathematics

1 answer:

lys-0071 [83]3 years ago

5 0

Answer:

200 Years

Step-by-step explanation:

0.5% X 10 = 5% Increase. So after 10 years 5% Increase

0.5% X 100 = 50% increase. So after 100 years 50% Increase

0.5 X 200 = 100% Increase. So after 200 years it will double.

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