Question: 1. How many years will it take to double your money if you make an investment that pays annual simple interest of 10%? 2. How

1. How many years will it take to double your money if you make an investment that pays annual simple interest of 10%?

2. How many years (to two decimal places) will it take to double your money if you make an investment that pays 10% compounded continuously?

3. If you make an investment that pays a nominal annual rate of 10% compounded semi-annually, what is the first year where your investment will have at least doubled by the end of that year?

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