Refer to Problem 73. Show that the exact annual compound rate of growth of an investment that

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Refer to Problem 73. Show that the exact annual compound rate of growth of an investment that doubles in n years is given by r = 100(21/n - 1). Graph this equation and the rule of 72 on a graphing calculator for 5 ≤ n ≤ 20.

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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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Question Posted: Apr 14, 2016 07:32 AM

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Refer to Problem 73. Show that the exact annual compound rate of growth of an investment that

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If an investment with initial value P doubles in n y...View the full answer

College Mathematics for Business Economics Life Sciences and Social Sciences

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