Question
Suppose we have an investment that earns interest compounded continuously, and it takes 12 years for an initial investment of $20,000 to grow to $60,000
Suppose we have an investment that earns interest compounded continuously, and it takes 12 years for an initial investment of $20,000 to grow to $60,000 under this investment. How long does it take for the same initial investment of $20,000 to grow to $80,000? (ln below denotes natural log with base e)
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Mastering Attribution In Finance
Authors: Andrew Colin
1st Edition
1292114029, 978-1292114026
