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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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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