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    Foundations of Finance
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    Exam 5: The Time Value of Money
  5. Question
    At 6 Percent Compounded Monthly,how Long Will It Take to Triple
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At 6 Percent Compounded Monthly,how Long Will It Take to Triple

Question 92

Question 92

Multiple Choice

At 6 percent compounded monthly,how long will it take to triple your money?


A) 221 months
B) 175 months
C) 102 months
D) 48 months

Correct Answer:

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