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Brianna wants to double his money in 17 years in an investment fund. What nominal quarterly compounding interest rate do you suggest that he look
Brianna wants to double his money in 17 years in an investment fund. What nominal quarterly compounding interest rate do you suggest that he look for? (Hint: If money doubles, the ratio of FV to PV is 2.) Round to two decimal places
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
