If you earn interest at an annual rate of x percent per year, then in n years
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If you earn interest at an annual rate of x percent per year, then in n years $1 will become (1+ x)n dollars. For annual rates of interest from 1 percent to 20 percent, determine the exact time (in years) in which $1 will double.
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Microsoft Excel Data Analysis And Business Modeling
ISBN: 9780137613663
7th Edition
Authors: Wayne Winston
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