Help me !!!!!

    please help me, solve this

    Approximately how many times will a$50,000 investment,earning 5.54%interest,double from age 25 to age 64?What will the investment be worth?

    ๐ˆ ๐ฅ๐ข๐ค๐ž ๐ง๐จ ๐›๐ฅ๐ฎ๐ž๐›๐ž๐ซ๐ซ๐ข๐ž๐ฌ ๐ข๐ง ๐ฆ๐ฒ ๐ข๐œ๐ž ๐œ๐ซ๐ž๐š๐ฆ ๐œ๐š๐ค๐ž

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    ๐ˆ ๐ฅ๐ข๐ค๐ž ๐ง๐จ ๐›๐ฅ๐ฎ๐ž๐›๐ž๐ซ๐ซ๐ข๐ž๐ฌ ๐ข๐ง ๐ฆ๐ฒ ๐ข๐œ๐ž ๐œ๐ซ๐ž๐š๐ฆ ๐œ๐š๐ค๐ž

    uhhh idk if i'm doing this right but compound interest??

    A = p(1+i)^n

    A = 50000(1+0.0554)^39 (cuz 39 years and i'm guessing that's yearly)

    A = 50000*8.1897 (it's just rounded lol use the actual amount)

    so since the final amount is a lil over 8 times the principal, it doubles approx 3 times (2^3 = 8 )

    and the investment in the end is just A = 409483.60

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