Question
About how many years would it take for your investment to grow fourfold if it were invested at an APR of 16 percent compounded semiannually?
About how many years would it take for your investment to grow fourfold if it were invested at an APR of 16 percent compounded semiannually?
If you invest $1 at an APR of 16 percent compounded semiannually, about how many years would it take for your investment to grow fourfold to $4?
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Principles Of Corporate Finance
Authors: Richard Brealey
10th Global Edition
0071314172, 9780071314176
