A person deposits $100,000 in investment securities bearing a 14% compound interest rate
Note: Use the interest tables contained at the end of the textbook and/or a financial calculator to do the following exercises
-How many years would it take for the investment to double (you can use the Rule of 72 to make this calculation)?

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The Answer of A person deposits $100,000 in investment securities bearing a 14% compound interest rate
Note: Use the interest tables contained at the end of the textbook and/or a financial calculator to do the following exercises
-How many years would it take for the investment to double (you can use the Rule of 72 to make this calculation)?

A Person Deposits $100,000 in Investment Securities Bearing a 14