4. How long does it take for the following to happen? a. $856 grows into $1,122 at...

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4. How long does it take for the following to happen?

a. $856 grows into $1,122 at 7%

b. $450 grows into $725.50 at 12% compounded monthly

c. $5,000 grows into $6,724.44 at 10% compounded quarterly

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Practical Financial Management

ISBN: 9780324422634

5th Edition

Authors: William R. Lasher

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Question Posted: Oct 17, 2024 08:03 AM

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4. How long does it take for the following to happen? a. $856 grows into $1,122 at 7% b. $450 grows into $725.50 at 12% compounded monthly c. $5,000 grows into $6,724.44 at 10% compounded quarterly
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4. How long does it take for the following to happen? a. $856 grows into $1,122 at...

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Practical Financial Management

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