How long it will take before you can access the money


Problem

Suppose your aunt invests $2,000 for you. You are not allowed to have the money until the original amount doubles. Your aunt's investment earns 10 percent, compounded annually. Give a rough estimate of how long it will take before you can access the money your aunt invested for you.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How long it will take before you can access the money
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