Answered: What continuously compounded rate of…

What continuously compounded rate of return allows you to triple your money in 12 years? Select one: O a. 9.16% O b. 8.78% O C. 4.92% d. 6.00% O e. 8.00%

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter15: Harvesting The Business Venture Investment

Section: Chapter Questions

Problem 1cM

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Question

What continuously compounded rate of return allows you to
triple your money in 12 years?
Select one:
O a. 9.16%
O b. 8.78%
O C. 4.92%
d. 6.00%
O e. 8.00%

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