Question: FUTURE VALUES Lump Sum: Multiple periods - Annual Interest Compounded Example 2 . 4 : Calculating the number of periods An investor is informed that

FUTURE VALUES
Lump Sum:
Multiple periods - Annual Interest Compounded
Example 2.4: Calculating the number of periods
An investor is informed that an investment of R100 will grow to
R310.58. If it is known that the applied rate is 12%, after how long
can the R310.58 be collected? The use of logarithms (or Table A) is
required:
FUTURE VALUES Lump Sum: Multiple periods - Annual Interest Compounded Example

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