Question
Find the time required for an investment of 5000 dollars to grow to 8100 dollars at an interest rate of 7.5 percent per year, compounded
Find the time required for an investment of 5000 dollars to grow to 8100 dollars at an interest rate of 7.5 percent per year, compounded quarterly. Round your answer to two decimal places
Your answer is t = _______years.
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Options Futures And Other Derivatives
Authors: John C. Hull
8th Edition
0132164949, 9780132164948
