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: mc009-1.jpg

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
5.9 years
6.1 years
23.4 years
24.5 years

Drag the tiles to the correct boxes to complete the pairs. match the exponential functions with their horizontal asymptotes and y-intercepts. f(x) = 7x − 4 f(x) = 3x+2 + 4 f(x) = 9x+1 − 4 f(x) = 2x + 4 horizontal asymptote and y-intercept exponential function horizontal asymptote: y = 4 y-intercept: (0, 5) arrowboth horizontal asymptote: y = -4 y-intercept: (0, 5) arrowboth horizontal asymptote: y = -4 y-intercept: (0, -3) arrowboth horizontal asymptote: y = 4 y-intercept: (0, 13) arrowboth