How long will it take money to double if it is invested at 7.5% compounded daily? 7.5%

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How long will it take money to double if it is invested at 7.5% compounded daily? 7.5% compounded annually?

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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Question Posted: Mar 22, 2022 12:41 AM

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How long will it take money to double if it is invested at 7.5% compounded daily? 7.5%

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For 75 compounded daily it will take approximately 944 years for t...View the full answer

College Mathematics For Business Economics, Life Sciences, And Social Sciences

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