Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:How long will It take $500 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places.
a. 4%.
b. 11%.
c. 20%.
d. 100%.
year(s)
year(s)
year(s)
year(s)
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