Question
An investor deposits $3000. How long will it take them to double the initial deposit if the investment earns a simple interest rate of 6.0%
investment earns a simple interest rate of 6.0% per annum?
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
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