Question
Suppose Matt initially invests $3000 in an account bearing 4% interest compunded monthly. How long will it take for the deposit to double in value?
Suppose Matt initially invests $3000 in an account bearing 4% interest compunded monthly. How long will it take for the deposit to double in value? Please round to the nearest 0.01 year
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Financial Algebra advanced algebra with financial applications
Authors: Robert K. Gerver
1st edition
978-1285444857, 128544485X, 978-0357229101, 035722910X, 978-0538449670
