9. 3 decimal places in final answer 9. How long will it take to double Kim's P100000 investment in a trust fund which earns continuouslyon average by 12 % annually?

Since the Amount(A) becomes double the initial principal (P), the A/P ratio becomes 2. Rate of…

Answered: How long will it take toO double Kim's…

How long will it take toO double Kim's P100000 investment in a trust fund which earns continuous on average by 12 % annually?

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter16: The Markets For Labor, Capital, And Land

Section: Chapter Questions

Problem 12P

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9. 3 decimal places in final answer

9. How long will it take to double Kim's P100000 investment in a trust fund which earns continuously
on average by 12 % annually?

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