Your client invests $10,000 today at a rate of return of 7.7% compounded quarterly. Rounded to the

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Your client invests $10,000 today at a rate of return of 7.7% compounded quarterly. Rounded to the nearest month, how long will it take the investment to grow to $22,000? (Taken from CIFP course materials.)

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:32 AM

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Your client invests $10,000 today at a rate of return of 7.7% compounded quarterly. Rounded to the

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Given PV 10000 FV 22000 j 77 m 2 Round...View the full answer

Business Mathematics In Canada

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