Question
A) You just collected your school refund check of $619. You will invest it at an interest rate of 9.72%. How many years will it
A) You just collected your school refund check of $619. You will invest it at an interest rate of 9.72%. How many years will it take to triple your money?
B) A corporation invested in a property for $949,766 today. The value of the property is likely to grow at a rate of 11.74% per year, on average. How long until the value of the property grows to $1,618,176?
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
