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P5-3 Future value You have $100 to invest.If you can earn 12%interest,about how

By December 26, 2021No Comments

P5-3 Future value You have $100 to invest.If you can earn 12%interest,about howlong does it take for your S100 investment to grow to $200?Suppose that the inter-est rate is just half that,at 6%.At half the interest rate,does it take twice as long todouble your money?Why or why not?How long does it take?

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