Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 1 Day Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 12 Jul 2017 My Price 3.00

approximation called the Rule

Please do not use Excel, show calculations with formulas where needed. Please feel free to ask me for more info; this is a TWO PART question. Thanks! 1. There is a rule of thumb which can be used as an approximation called the Rule of 72 to find Interest or period of time, given the other quantity. a. If $1 is invested for 10 years, what compound rate is necessary for the money to double? b. How long does it take for the money to double at 12%?

Answers

(5)
Status NEW Posted 12 Jul 2017 08:07 PM My Price 3.00

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