How long will it take money to double if it is invested at (A) 8% compounded semiannually?
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(A) 8% compounded semiannually?
(B) 7% compounded semiannually?
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We have A P1 i n To find the doubling time set A 2P This yields 2P P1 i n o...View the full answer
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Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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