Samantha wants to invest $6800 in a savings account that pays 6% simple interest. how long will it take for
this investment to double in value? round your answer to the nearest tenth.

years

Step-by-step explanation:est $ 6800

Samantha wants to invest $ 6800 in a saving account that pays 6% simple interest .

Let it will be take x year    

Principle =$6800

Interest = $ 6800

Rate of interest = 6%

Time = x(let)

According To Problem

6800=

⇔x = = 16.67 year

Therefore ,it will take 16.67 year .

16.67 years.

Step-by-step explanation:

Samantha wants to invest $6800 in a savings account that pays 6% simple interest.

Let after y years the amount will be double in value.

So, using the formula of simple interest we can write

⇒

⇒ 6y = 100

⇒ y = 16.67 years.

Therefore, after 16.67 years the amount will become double in value. (Answer)

right

step-by-step explanation: