Asum of money is invested at 12% compounded quarterly. about how long will it take for the amount of money to double?
compound interest formula: v(t)=p(1+r/n)^nt

t = years since initial deposit
n = number of times compounded per year
r = annual interest rate (as a decimal)
p = initial (principal) investment
v(t) = value of investment after t years

p. s: explain, i have a couple problems like this so having an example to go off of would be nice. : )
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Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.

Review the key ethical and social issues over the last five decades and place each on the timeline in chronological order. note that once you complete this part of the question, you will be unable to adjust your answers.

Provide three examples of how the purpose of investing is different than the purpose of saving