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How long will it take for a lump-sum investment to double in value at an interest rate of 1.5% per quarter, compounded continuously? (Round the
How long will it take for a lump-sum investment to double in value at an interest rate of 1.5% per quarter, compounded continuously? (Round the final answer to three decimal places.) For the lump-sum investment to double in value at an interest rate of 1.5% per quarter compounded continuously, it will take quarters
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
