In its first 10 years the Gabelli Growth Fund produced an average annual return of 21.36%. Assume

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In its first 10 years the Gabelli Growth Fund produced an average annual return of 21.36%. Assume that money invested in this fund continues to earn 21.36% compounded annually. How long will it take money invested in this fund to double?

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College Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780321945518

13th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen

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Question Posted: Dec 08, 2023 08:20 AM

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In its first 10 years the Gabelli Growth Fund produced an average annual return of 21.36%. Assume

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It will take 4 years to double the investment def compound...View the full answer

College Mathematics For Business Economics Life Sciences And Social Sciences

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