radomes.openskiesproject.org
sammage sammage
  • 20-06-2016
  • Business
Answered

Jasper has $1,000 invested at 8% interest. How long will it take him to double his money?

Verified Answer :

metchelle
metchelle metchelle
  • 27-06-2016

To answer the question above as to how long it will take for Jasper to double is money:
If the is on monthly basis, it will take 25 months. See calculation below:
Interest: $1,000 x 0.08 = $80 x 25 months = $2000.

Answer Link

Related Questions

Which is the outer layer of the skin that makes the body waterproof gives it color and helps maintain hydration levels
what will most likely happen if the hydrogen pump protein in photosystem II does not move enough H ions into the thylakoid
The speed of light is approximately 186105 miles per second At that rate how far will light travel in one hour Please give an answer in scientific notation
Why did Lees army fail to retaliate after Union attacks during the Wilderness Campaign
What happens on the side of earth opposite the moon
If Mary read 25 of a page every minute how long would she take to read 240 pages
A roll of tape contains 329 meters of tape How many millimeters of tape does the roll contain
Ecommerce is the use of the internet to spy on businesses visit your bank buy and sell goods buy virtual ice cream
ACTIVITY 2 GENDERBASED VIOLENCE DISCRIMINATION OF HUMAN RIGHTSGENDERBASED VIOLENCEGenderbased violence GBV is a profound and widespread problem in South Africai
why might the Gawain poet have portrayed Gawain this way