Use the rule of 70 to find how long it would take $1 million to grow to

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Use the rule of 70 to find how long it would take $1 million to grow to $2 million if the investment is growing at a rate of 2.6% annually?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Apr 22, 2024 10:45 AM

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Use the rule of 70 to find how long it would take $1 million to grow to

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The rule of 70 states that you can approximate the number of years it takes for an investment to ... View the full answer

Principles of Finance

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