Problem 2-44, Rule of 72 and rule of 69

Principles of Corporate Finance

Brealey, Myers, and Allen

13th Edition

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Estimate the time it takes an investment to double assuming annual compounding and continuous compounding.

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  • Search Terms: how of value %, (in ./interest /interest ? an and annually are before calculate can compounding compounded compounding continuous discrete double doubles. exactly exactly. b. for future here if in interest investment is it long money now of out percent). percent). a. prove rate roughly rule rules says takes that the thumb. time to two use useful values with work you your “rule ”
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