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(a) Use the fundamental formula F V = P V (1 + r)t to derive a formula for t. Show your work, the answer will
(a) Use the fundamental formula F V = P V (1 + r)t to derive a formula for t. Show your work, the answer will be
ln(FV ) t= PV/ln(1 + r)
(b) At interest rate r, how long does it take an investment to triple?
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Cases In Healthcare Finance
Authors: Louis Gapenski
5th Edition
1567936113, 978-1567936117
