Question
Alex invests $5815 in an investment project which gives him 4.7% (compounded monthly) per year. How many quarters will it take for Alex to triple
Alex invests $5815 in an investment project which gives him 4.7% (compounded monthly) per year. How many quarters will it take for Alex to triple his investment? It will take Alex quarters to triple his investment. (Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.
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Healthcare Financial Management Applied Concepts And Practical Analyses
Authors: Cassandra R. Henson
1st Edition
0826144748, 978-0826144744
