How many years will it take to double your investment of $10,000 at an interest rate of
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Question:
14. If you make a $3,000 on investment in stock today, and hold the investment for 12 years and decide to sell the entire investment, how much money (before tax) will you receive. Interest earned on this investment has been 8% per year.
Expert Answer:
1 To determine how many years it will take to double an investment of 10000 at an interest r... View the full answer
Related Book For 
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
Posted Date:
