Question
If you invest $5,000 today at a 7% interest rate compounded annually, how many years will it take for your investment to grow to $10,000?
If you invest $5,000 today at a 7% interest rate compounded annually, how many years will it take for your investment to grow to $10,000? Select one: a. 7.95 years b. 10.24 years c. 9.87 years d. 8.20 years
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Project Financing Financial Instruments And Risk Management
Authors: Frank J Fabozzi, Carmel De Nahlik
1st Edition
9811231494, 9789811231490
