Suppose in the year 2004 you invested $ 1000.- at an interest rate $p$ which is such that your capital doubles every 6 years (interest is compounded annually). That interest rate is percent.


During the period 2004-2010 your money will grow by a factor .

During the period 2005-2011 your money will grow by a factor .

During the period 2007-2019 your money will grow by a factor .

During the period 2017-2035 your money will grow by a factor .

During the period 2010-2025 your money will grow by a factor .

When you retire in 50 years your investment will have grown to $ .