Question: How long will it take ( in years and months ), for $400 to double in value, if it earns interest at 3.13% compounded semi-annually

How long will it take (in years and months), for $400 to double in value, if it earns interest at 3.13% compounded semi-annually. Round N to the next higher value (e.g. N = 123.2 becomes N = 124), and round the month to the next higher month (e.g. 7.1 becomes 8). Years must be an integer. If years is an exact integer such as 17 years 0 months, a zero must be entered for months.

I/Y = % P/Y = C/Y =

PV = $ PMT = $ FV = $

N= Time=

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