Question
How long will it take $100 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal
How long will it take $100 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places.
a. 3%. ______year(s)
b. 13%. ______year(s)
c. 20%. ______year(s)
d. 100%. ______year(s)
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Globalization Gating And Risk Finance
Authors: Unurjargal Nyambuu, Charles S. Tapiero
1st Edition
1119252652, 978-1119252658
