Question: How long will it take $100 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal

How long will it take $100 to double if it earns

How long will it take $100 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places. a. 3%. 4.21 year(s) b. 12%. 2.87 year(s) c. 16%. 2.60 year(s) d. 100% 1.06 year(s)

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