If you want to double your money in 7 years, what interest rate per year you need

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If you want to double your money in 7 years, what interest rate per year you need to earn? Assume annual compounding.

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Intermediate Microeconomics

ISBN: 978-0393123968

9th edition

Authors: Hal R. Varian

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Posted Date: Apr 19, 2024 03:46 AM

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If you want to double your money in 7 years, what interest rate per year you need

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To double your money in 7 years you need to earn an annual interest rate of approximately 10 This i... View the full answer

Intermediate Microeconomics

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