Mathematics
Mathematics, 06.05.2021 19:20, smokeoutkitten

6. Another bank promises to compound daily and double the $10000 in 11 years. What is the implicit interest rate per annum to achieve the doubling? Leave the
answer as a decimal (4 decimal places)

answer
Answers: 3

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6. Another bank promises to compound daily and double the $10000 in 11 years. What is the implicit...

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