A $1,000 investment has doubled to $2,000 in 8 years because of a 9 percent rate of
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The Rule of 72 predicted that 1000 will double to 2000 in 8 years at 9 percent interest Another do...View the full answer
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Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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