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meriva
3 years ago
7

how many years will be required for a given sum of money to triple, if it is deposited in a bank account that pays 6% per year c

ompound annualy
Business
1 answer:
IgorLugansk [536]3 years ago
7 0

Answer:

19 years

Explanation:

the 19th year your money will triple and be worth 3.0256 times the original sum.

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Based on the scenario analysis on stocks and bonds, we know the following:

  • Treasury bonds will provide a higher return in a recession than in a boom.
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Using a spreadsheet, you can input the expected returns of the stocks and the bonds to find the standard deviation to be 9.24% and 11.76%, respectively.

Find out more on stock expected returns at brainly.com/question/18724022.

#SPJ1

3 0
2 years ago
Suppose you and a classmate are playing a game where your classmate proposes a division of​ $1.00. ​ Then, you either accept or
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