At a growth (interest) rate of 8 percent annually, how long will it take for a sum
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At a growth (interest) rate of 8 percent annually, how long will it take for a sum to double? To triple? Select the year that is closest to the correct answer.
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If the sum is doubling then the tabular value must equal 2 In Appendix A lo...View the full answer
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Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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