An initial investment of 10000 in an account earning


An initial investment of $10,000 in an account earning semiannual interest grows to $30,000 at the end of 15 years. How long did it take before the initial investment had doubled in value? That is, how many years did it take before there was $20,000 in the account?

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Financial Management: An initial investment of 10000 in an account earning
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