Soving for n with non annual periods approximately how many, Financial Management

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Soving for n with non annual periods approximately how many

Soving for n with non annual periods approximately how many years would it take for an investment to grow sixfold if it were invested at 16 percent compounded monthly? assume that you invest $1 today. If you invest $1 at 16% compounded monthly, about how many years would it take for your investment to grow sixfold to $6. HInt: remember to convert your calculator solution to years

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Financial Management: Soving for n with non annual periods approximately how many

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