Rule of 69.3 a corollary to the Rule of 72 is the Rule of 69.3. The Rule

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Rule of 69.3 a corollary to the Rule of 72 is the Rule of 69.3. The Rule of 69.3 is exactly correct except for rounding when interest rates are compounded continuously. Prove the Rule of 69.3 for continuously compounded interest,

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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Question Posted: Apr 28, 2011 02:29 AM

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Rule of 69.3 a corollary to the Rule of 72 is the Rule of 69.3. The Rule

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Fundamentals of Corporate Finance

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