Question
(1 point) If you make a deposit into a bank account, at what interest rate, compounded daily, should you invest if you would like
(1 point) If you make a deposit into a bank account, at what interest rate, compounded daily, should you invest if you would like to double your investment in 89 days? Rate= % (Note: Your answer should be accurate to two decimal places)
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Get StartedRecommended Textbook for
Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
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