Question
What annual rate of return must you earn if you want your money to quadruple (i.e., 4 times of the current amount) in 15
What annual rate of return must you earn if you want your money to quadruple (i.e., 4 times of the current amount) in 15 years? Record your answer with four decimal points (for example, use 0.1554 NOT 15.54 or 15.54%).
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Basic Finance An Introduction to Financial Institutions Investments and Management
Authors: Herbert B. Mayo
10th edition
1111820635, 978-1111820633
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