The maturity value of an investment is twice the amount invested. If the investment earns 7.5% p.a.
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The maturity value of an investment is twice the amount invested. If the investment earns 7.5% p.a. simple interest, what is the term of the investment? Express your answer in years and months.
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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