Question
Mitchell wants to double his money in 17 years in an investment fund. What nominal quarterly compounding interest rate do you suggest that he look
Mitchell wants to double his money in 17 years in an investment fund. What nominal quarterly compounding interest rate do you suggest that he look for? (Hint: If money doubles, the ratio of FV to PV is 2.)
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Entrepreneurial Finance Venture Capital Deal Structure And Valuation
Authors: Janet Kiholm Smith, Richard L. Smith
2nd Edition
1503603210, 978-1503603219
