If you have an asset that earns 6% per year, compounded over time, then it should double in value in about _____ years.

If you have an asset that earns 6% per year, compounded over time, then it should double in value in about _____ years.

If you have an asset that earns 6% per year, compounded over time, then it should double in value in about _____ years.



A) 6
B) 12
C) 17
D) 1,200








Answer: B