a) How many years it will take you to double your money if you can earn 19%

Question:

a) How many years it will take you to double your money if you can earn 19% each year, given that compounding is quarterly? Do not write "years" in your answer. I If you can double your money in 7 years, what is the implied annual rate of interest, given that compounded semi-annually?

b) I If you can double your money in 7 years, what is the implied annual rate of interest, given that compounded semi-annually?

Compounding
Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. This growth, calculated using exponential functions, occurs because the investment will...