Question
How long would it take to double your money in an account paying 5 % compounded quarterly ? Ignoring leap years, the investment will be
How long would it take to double your money in an account paying 5% compounded quarterly?
Ignoring leap years, the investment will be doubled in------ years and -------- days.
(Round to the nearest whole number as needed.)
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
