How much will an investment of 100 be worth at the end of


(a) How much will an investment of $100 be worth at the end of 10 years if invested at 15 percent a year simple interest?

(b) How much will it be worth if invested at 15 percent a year compound interest?

(c) How long will it take your investment to double its value at 15 percent compound interest?

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Financial Management: How much will an investment of 100 be worth at the end of
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