A sum of money invested at 2% per 6-month period (semiannually), will double in amount in approximately

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A sum of money invested at 2% per 6-month period (semiannually), will double in amount in approximately how many years? (Answer: 171/2 years)
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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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