Question
jack will invest $20,000 today at a compound interest rate of 11.7% p.a compounded annually. If he wants to grow the amount to $106,000 how
jack will invest $20,000 today at a compound interest rate of 11.7% p.a compounded annually. If he wants to grow the amount to $106,000 how long will he need to hold the investment? Answer in years to two decimal places.
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Introduces Quantitative Finance
Authors: Paul Wilmott
2nd edition
470319585, 470319581, 978-0470319581
