For your initial post
1. Select one of the following questions to answer:
If I invest $1000 at 2% interest, how long will take for my money to double?
If I invest $1000 at 3% interest, how long will take for my money to double?
If I invest $1000 at 4% interest, how long will take for my money to double?
If I invest $1000 at 6% interest, how long will take for my money to double?
2. Select one of the following questions to answer:
If $120 doubles in approximately 11 years, what is the interest rate?
If $120 doubles in approximately 17 years, what is the interest rate?
If $120 doubles in approximately 21 years, what is the interest rate?
1. Initial posting (up to 15 points): Answer the two questions in the instructions. You must include calculations to support your answer. Your answer must to each question must include at least one sentence in addition to the calculations.
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