Question: the correct answer is 3.9 can someone show me the work Compute the annual compound interest rate required to double the size of a debt
the correct answer is 3.9 can someone show me the work
Compute the annual compound interest rate required to double the size of a debt in 18 years. Round your answer to the nearest tenth of a percent
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
