It is anticipated that a bank stock in which Kinaya has invested $15,000 will achieve an annual
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It is anticipated that a bank stock in which Kinaya has invested $15,000 will achieve an annual interest rate of 6%. Determine the doubling time for this investment using the doubling-time formula. How does this compare with the estimate given by the rule of 72?
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The doubling time n for a quantity that increases at a...View the full answer
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My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
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