It takes 11.553 years for an initial investment to double at a force of interest i.How long will it take for an initial investment to tripple at a nominal rate of interest numerically equal to i and convertible twice in a year

It takes 11.553 years for an initial investment to double at a force of interest i.How long will it take for an initial investment to tripple at a nominal rate of interest numerically equal to i and convertible twice in a year

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 8EA: You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how...

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