If you deposit money in an account today, how long will it take to triple your money
Question:
If you deposit money in an account today, how long will it take to triple your money based on the annual interest rates below?
a. 2.5%.
b. 7%.
c. 4%
d. 10%.
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a With a financial calculator enter the following I 25 PV 1 PMT 0 and FV 3 Solve for N 44...View the full answer
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Related Book For
Financial Management Theory And Practice
ISBN: 978-0176583057
3rd Canadian Edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
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