Your grandparents put 50000 into a bank account earning 72


Your grandparents put $50,000 into a bank account earning 7.2%. You can’t withdraw the money until the balance has doubled. How long will you have to leave the money in the account (to the nearest whole year)? a. 9 years b. 10 years c. 12 years d. 15 years e. 18 years

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Your grandparents put 50000 into a bank account earning 72
Reference No:- TGS01357017

Expected delivery within 24 Hours