Question:
Use the information above to complete the missing values in
Last updated: 6/23/2023
Use the information above to complete the missing values in the table below for 2 500 invested at 4 interest Question 2 Year 2020 2038 2074 O Less than 75 years Value of Investment 2 500 5 000 10 000 Questions 1 and 2 Some types of investments such as Certificates of Deposit earn interest based on a percentage rate People often estimate the doubling time of investments to predict how much money the investment will be worth in the future An investment that earns 4 interest will double in value about every 18 years 2 pts Which of the following is the best estimate for the amount of time it would take the investment to reach 100 000 Between 90 and 105 years