How many years (and months) will it take $2 million to grow to $5 million with an

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How many years (and months) will it take $2 million to grow to $5 million with an annual interest rate of 7 percent?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:25 AM

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How many years (and months) will it take $2 million to grow to $5 million with an

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FV N PV 1 i N 5 million 2 million 1 007 N 107 N 5 2 the mi...View the full answer

Finance Applications and Theory

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