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31. How long will it take $5000 to grow to $6500 if the investment earns interest at the rate of 6%/year com- pounded monthly?
31. How long will it take $5000 to grow to $6500 if the investment earns interest at the rate of 6%/year com- pounded monthly? 32. How long will it take $12,000 to grow to $15,000 if the investment earns interest at the rate of 4%/year com- pounded monthly? 33. How long will it take an investment of $2000 to double if the investment earns interest at the rate of 5%/year com- pounded monthly? 44. 45 46
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
