TIME FOR A LUMP SUM TO DOUBLE How long will it take $200 to double if it
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TIME FOR A LUMP SUM TO DOUBLE How long will it take $200 to double if it earns the following rates? Compounding occurs once a year.
a. 7%
b. 10%
c. 18%
d. 100%
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Related Book For
Fundamentals Of Financial Management Concise Edition
ISBN: 9781285065137
8th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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