Question: a) How many years it will take you to double your money if you can earn 19% each year, given that compounding is quarterly? Do
a) How many years it will take you to double your money if you can earn 19% each year, given that compounding is quarterly? Do not write "years" in your answer. I If you can double your money in 7 years, what is the implied annual rate of interest, given that compounded semi-annually?
b) I If you can double your money in 7 years, what is the implied annual rate of interest, given that compounded semi-annually?
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