At 5.6 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Length of time years At 5.6 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Length of time years

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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5 Time Value of Money
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At 5.6 percent interest, how long does it take to double your money? (Do not round
intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Length of time
Length of time
At 5.6 percent interest, how long does it take to quadruple it? (Do not round
intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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Transcribed Image Text:5 Time Value of Money bed bok rences Ic raw At 5.6 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Length of time Length of time At 5.6 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) @ years # years SA Saved % < Prev 1 of 10 # & Next >
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