Mathematics, 21.11.2020 05:20 starxx05235
Show that the time it takes for an investment to double in value does not depend on the principal P, but rather, depends only on the APR and the number of compoundings per year. Let n=12 and with the help of your classmates compute the doubling time for a variety of rates r.
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Show that the time it takes for an investment to double in value does not depend on the principal P,...
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