If you deposit money in an account today, how long will it take to triple your money

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If you deposit money in an account today, how long will it take to triple your money based on the annual interest rates below?

a. 2.5%.

b. 7%.

c. 4%

d. 10%.

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Financial Management Theory And Practice

ISBN: 978-0176583057

3rd Canadian Edition

Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason

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Question Posted: Jun 11, 2019 12:07 PM

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If you deposit money in an account today, how long will it take to triple your money

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a With a financial calculator enter the following I 25 PV 1 PMT 0 and FV 3 Solve for N 44...View the full answer

Financial Management Theory And Practice

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