How long would it take you to double your money in an investment if it earns 5.75% compounded quarterly? For full marks, your answer should be rounded to the nearest whole month. Time = 0 years 0 months

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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How long would it take you to double your money in an investment if it earns 5.75% compounded quarterly? For full marks, your answer should be rounded to the nearest whole month.
Time =
years
0 months
Transcribed Image Text:How long would it take you to double your money in an investment if it earns 5.75% compounded quarterly? For full marks, your answer should be rounded to the nearest whole month. Time = years 0 months
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