Question
You plan to invest in a security that returns 5%, compounded annually. If you invest $10,000 today, how long will it take for your investment
You plan to invest in a security that returns 5%, compounded annually. If you invest $10,000 today, how long will it take for your investment to grow to $30,000?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
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