# Investment to Quadruple Assignment | Assignment Help Services

Rounded to the nearest quarter year, how long will it take an investment to quadruple if it earns 8% compounded semi-annually? did I did the calculations right or am I missing something ?

Don't use plagiarized sources. Get Your Assignment on
Investment to Quadruple Assignment | Assignment Help Services
Just from \$13/Page

So assuming that the initial investment is =P

Then the future value of the investment which is A= 4P

The rate of the interest; r=8%=0.08

The number of compounding period per year= 2

So let time token= t years

In order to solve this problem I will be using the compound interest formula;

A= P(1+r)^nt

4P= P (1+0.08/2)^2t

4= (1.04)^2t

Ln4= 2t In(1.04)

t=In (4)/ 2 In (1.04)

= 17.67 which is approximately equal to = 18 years

Calculate the price
Pages (550 words)
\$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Psychology
Good job.
Customer 453707, May 8th, 2022
Nursing
i requested peer reviewed nursing journals as part of my paper, however, I never received them after I requested them twice. If I had received these journals, I would have scored the quality of the paper an 10/10!!!
Customer 461063, October 30th, 2022
English 101
Good work.
Customer 456823, May 15th, 2022
Human Resources Management (HRM)
Good work
Customer 463059, June 9th, 2022
Education
You see, you can write quality papers. Just practice conciseness.
Customer 462495, April 9th, 2022
English 101
TEST
Customer 463149, July 12th, 2022
Psychology
Good work
Customer 463097, June 24th, 2022
Other
Good work.
Customer 463001, May 27th, 2022
Excellent.
Customer 453509, May 23rd, 2022
Military
good job
Customer 456821, September 1st, 2022
Psychology
Good job.
Customer 453707, May 8th, 2022
Military
Excellent
Customer 456821, November 12th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend