Question
Samuel Johnson invested in gold U.S. coins ten years ago, paying $216.53 for one-ounce gold double eagle coins. He wants to sell these coins for
Samuel Johnson invested in gold U.S. coins ten years ago, paying $216.53 for one-ounce gold "double eagle" coins. He wants to sell these coins for twice what he paid for them. If he can earn 10% per year on his investment, how long will it take for the coins to double in value?
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Financial Liberalization And The Reconstruction Of State Market Relations
Authors: Robert B. Packer
1st Edition
1138488518, 978-1138488519
