Find the rates of return required to do the following: a. Double an investment in 4 years
Question:
Find the rates of return required to do the following:
a. Double an investment in 4 years
b. Double an investment in 10 years
c. Triple an investment in 4 years
d. Triple an investment in 10 years
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FV PV 1 r 4 a 20 1 r 4 2 1 r 1189207 1 r r 1892 b 20 1 ...View the full answer
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Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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