On her ninth birthday, she received $300 that she invested at 4.5 percent interest compounded annually. Her

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On her ninth birthday, she received $300 that she invested at 4.5 percent interest compounded annually. Her investment is now worth $756. How old are you today?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: May 23, 2023 01:58 AM

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On her ninth birthday, she received $300 that she invested at 4.5 percent interest compounded annually. Her

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To determine your current age we need to find the time it took for the investment to grow from 300 ... View the full answer

Principles of Finance

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