In its first 10 years a mutual fund produced an average annual return of 21.04%. Assume that money

Question
In its first 10 years a mutual fund produced an average annual return of 21.04%. Assume that money invested in this fund continues to earn 21.04% compounded annually. How long will it take money invested in this fund to double?
Details
Purchase An Answer Below
Answer: 
Answer Price: 1.64        
Added: 16 February 2015, 04:59
Words: 163 words , 6 picture s
Buyers: 2 people have bought this answer
Rating:
Get this Solution
Add Your Answer

Have a similar question?




Ask Your Question