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An investment of Php15.000 made on 30 March 2010 in the Poor Man's Stock Index would grow to Phpi?.360 by 31 December 2012. assuming all
An investment of Php15.000 made on 30 March 2010 in the Poor Man's Stock Index would grow to Phpi?.360 by 31 December 2012. assuming all dividends were invested when received. Find the rate of compound interest required to match this performance. Assuming increase of investment at this rate, when would the investment double (express in Month and Year)? NOTE: Express tin years for all calculationfs). Also, assume that compound rate is similar to exponential growth
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