At what annual interest rate it will take 11 years for a bank deposit account to double

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At what annual interest rate it will take 11 years for a bank deposit account to double your money (assume annual interest compounding)

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

Posted Date: May 27, 2022 12:56 AM

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At what annual interest rate it will take 11 years for a bank deposit account to double

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Suppose value of deposit 100 Tenure 11 year Value of deposit ... View the full answer

Principles of Finance

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