How long will it take to double your money at an interest rate that is < <
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How long will it take to double your money at an interest rate that is << 100% starting with the expression F = P(1 + r)N? ln(1 + r) ≈ r if r << 1 and log (x)N = N log (x)
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The answer to this question depends on the values of P r and N To double your money the ...View the full answer
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Exploring Engineering An Introduction to Engineering and Design
ISBN: 978-0123747235
2nd edition
Authors: Philip Kosky, George Wise, Robert Balmer, William Keat
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