Question
1. You are currently investing your money in a bank account which has a nominal annual rate of 8 percent, compounded monthly. How many years
1. You are currently investing your money in a bank account which has a nominal annual rate of 8 percent, compounded monthly. How many years will it take for you to double your money?
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Business Mathematics
Authors: Gary Clendenen, Stanley A Salzman, Charles D Miller
12th Edition
0135109787, 9780135109786
