If you have an asset that earns 5% per year, compounded over time, then it should double in value in about _____ years.

If you have an asset that earns 5% per year, compounded over time, then it should double in value in about _____ years.

If you have an asset that earns 5% per year, compounded over time, then it should double in value in about _____ years.



A) 5
B) 14
C) 20
D) 1,400








Answer: B