for a sum of $8000 to double in 12 years and 9 months, what must be the rate of interest compounded quarterly? a. 4.56% b. 5.47% c. 13.06% d. 54%
for a sum of $8000 to double in 12 years and 9 months, what must be the rate of interest compounded quarterly? a. 4.56% b. 5.47% c. 13.06% d. 54%
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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for a sum of $8000 to double in 12 years and 9 months, what must be the rate of interest compounded quarterly?
a. 4.56%
b. 5.47%
c. 13.06%
d. 54%
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