Question
You want the amount to be obtained to be equivalent to the initial capital plus 485%. If annual interest rate is 30%, calculate the term
You want the amount to be obtained to be equivalent to the initial capital plus 485%.
If annual interest rate is 30%, calculate the term in which you will be able to obtain the desired amount.
Please, specify clearly whether the term will be expressed in years, months or days.
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Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
