11. 80. Rule of 69.3 [LO 6.4] A corollary to the Rule of 72 is the Rule...

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11. 80.

Rule of 69.3 [LO 6.4] 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: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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Question Posted: Oct 03, 2024 03:03 AM

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11. 80. Rule of 69.3 [LO 6.4] A corollary to the Rule of 72 is the Rule...

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Fundamentals Of Corporate Finance

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