A person invested $7,900 in an account growing at a rate allowing the money to
double every 8 years. How much money would be in the account after 5 years, to the
nearest dollar?
I need answers fast
7900/8= 987.5 For every one year, you invest $987.5 987.5 times 5 for 5 years= 4,937.5 If you round to the nearest dollar, it would be: $4,938 The total amount of money that would be in the account is, $12,838.
