3-30 A sum of money invested at 2% per 6-month period (semiannually), will double in amount in...

Question:

3-30 A sum of money invested at 2% per 6-month period (semiannually), will double in amount in approxi- mately how many years? (Answer: 1712 years)

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Engineering Economic Analysis

ISBN: 9780357419687

11th Edition

Authors: Donald Newnan, Ted Eschenbach, Jerome Lavelle

Question Posted: