Short Answer
Suppose it took x years for an investment to grow from $100 to $200 at a fixed compound rate of return. How many more years will it take to earn an additional:
a) $100?
b) $200?
c) $300? In each case, pick an answer from: (i) more than x years, (ii) less than x years, (iii) exactly x years.
Correct Answer:
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a) (ii) less than x ...View Answer
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