Question
This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014.
This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014.
CountryU.S.JapanGermanyAustraliaBrazilYield2.5%0.5%1.0%3.5%4.2%
How long, to the nearest year, will it take an investment in Brazil to double its value if the interest is compounded every4months
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Abstract Analytic Number Theory
Authors: John Knopfmacher
1st Edition
0486169340, 9780486169347
