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6 . For an APR of 7 % , how long will it take for a sum to double ( i . e . ,
For an APR of how long will it take for a sum to double ie FV PV at an annual compounding system? What if quarterly compounding or monthly compounding is applied?
Annual Quarterly Monthly
m Calculator Excel m Calculator Excel m Calculator Excel
N Year N Quarters N Months
I APR #NA I APR #NA I APR #NA
PV PV PV
PMT PMT PMT
FV FV FV
ENDBGN ENDBGN ENDBGN
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