If you open a savings account that earns 5 5 simple interest

Last updated: 1/13/2024

If you open a savings account that earns 5 5 simple interest per year what is the minimum number of years you must wait to double your balance Suppose you open another account that earns 5 interest compounded yearly How many years will it take now to double your balance The minimum number of years you must wait to double your balance is the nearest whole number for the simple interest of 5 5 Round up to