Question
If the effective annual rate is 10%, how long minimally would it take for an investment to at least double (i.e, accumulate by a factor
If the effective annual rate is 10%, how long minimally would it take for an investment to at least double (i.e, accumulate by a factor of 2)?
A. 6 years
B. 7 years
C. 8 years
D. 9 years
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Financial Informatics An Information Based Approach To Asset Pricing
Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
