Mathematics
Mathematics, 28.01.2020 09:31, dward5823

Aparticular mutual fund offers 4.5% nominal apr compounded monthly. trevor wishes to deposit $1000.

1) write a formula for the amount trevor will have in the account after m months

2) doubling time" is the amount of time it takes for an investment to double. what is the doubling time of trevor's investment

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Answers: 2

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