Pre-Calc/Chapter 3: Exponential and Log Functions/3.6 Mathematics of Finance Determine the doubling time of the investment.$14,500 at 7% compounded monthly Determine the doubling time of the investment.

$14,500 at 7% compounded monthly]]> 1.0000000 0.3333333 0 true true abc 7.94 years Incorrect 14.9 years Incorrect 9.93 years Correct 19.86 years Incorrect