Anish wants to double his money in 15 years in a low-risk savings account. What nominal interest

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Anish wants to double his money in 15 years in a low-risk savings account. What nominal interest rate compounded monthly would allow this? What nominal interest rate compounded monthly would allow him to double his money in 10 years?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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Question Posted: Aug 30, 2024 09:05 AM

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Anish wants to double his money in 15 years in a low-risk savings account. What nominal interest

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Mathematics Of Business And Finance

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