Question
You have been asked to determine the length of time required before a $1,000,000 deposit will double if the interest rate is 10%. Round to
You have been asked to determine the length of time required before a $1,000,000 deposit will double if the interest rate is 10%. Round to the nearest year.
Step by Step Solution
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Rule of 72 It will ...
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International Economics
Authors: Thomas A. Pugel
15th edition
73523178, 978-0077769529, 007776952X, 978-0073523170
