Essay
Rounded to the nearest quarter year, how long will it take an investment to quadruple if it earns:
a) 8% compounded annually?
b) 9% compounded semiannually?
Correct Answer:
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a) 18 years, b) 15.7...View Answer
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Correct Answer:
Verified
a) 18 years, b) 15.7...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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