Manuel rios wishes to determine how long it will take an, Ask an Expert

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Manuel Rios wishes to determine how long it will take an initial deposit of $9,000 to double.

a. If Manuel earns 11 % annual interest on the deposit, how long will it take for him to double his money?

b. How long will it take if he earns only 8% annual interest ?

c. How long will it take if he can earn 13% annual interest?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92855951

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