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Derek wants to double her money in 17 years in an investment fund. What nominal monthly compounding interest rate do you suggest that she look
Derek wants to double her money in 17 years in an investment fund. What nominal monthly compounding interest rate do you suggest that she look for? (Hint: If money doubles, the ratio of FV to PV is 2.) % Round to two decimal places Step by Step Solution
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Evolutionary Finance
Authors: Bartholomew Frederick Dowling
1st Edition
0230502199, 9780230502192
