Question
A financial institution offers double-your-money savings account in which you will have $2 in 8 years for every dollar you invest today, what annual interest
A financial institution offers "double-your-money" savings account in which you will have $2 in 8 years for every dollar you invest today, what annual interest rate does this account offer?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
