Question
Time for a lump sum to double If you deposit money today in an account that pays 8% annual interest, how long will it take
Time for a lump sum to double
If you deposit money today in an account that pays 8% annual interest, how long will it take to double your money? Round your answer to two decimal places.
years
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
