What annual rate of return must you earn if you want your money to quadruple (i e , 4 times of the current amount) in 15 years Record your answer with four decimal points (for example, use 0 1554 NOT 15 54 or 15 54 ) What annual rate of return must you earn if you want your money to quadruple (i e...

The formula for compound interest is FV PV x 1 rn where FV fut ...

What annual rate of return must you earn if you want your money to quadruple (i.e.,...

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Basic Finance An Introduction to Financial Institutions Investments and Management

ISBN: 978-1111820633

10th edition

Authors: Herbert B. Mayo

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What annual rate of return must you earn if you want your money to quadruple (i.e.,...

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Basic Finance An Introduction to Financial Institutions Investments and Management

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