Question
How long will it take David to triple his investment if he can earn an annual rate of return of 9% (compounded monthly)? It
How long will it take David to triple his investment if he can earn an annual rate of return of 9% (compounded monthly)? It takes David years to triple his investment. (Note: please retain at least 4 decimals in your calculations and at least 2 decimal in. the final answer.)
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Engineering Economic Analysis
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
9th Edition
978-0195168075, 9780195168075
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