Question
1.23 At a simple interest rate of 8% per year, estimate the time required to double your money if the interest is (a) simple and
1.23 At a simple interest rate of 8% per year, estimate the time required to double your money if the interest is (a) simple and (b) compounded.
1.25 Calculate the interest rate that can double my money in approximately 12 years, if the rate is (a) simple, (b) compound
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Basic Finance An Introduction To Financial Institutions Investments And Management
Authors: Herbert B. Mayo, Michael J Lavelle
13th Edition
0357714741, 978-0357714744
