What Compound Annual Rate of Return Is Required for an Investment

question 221

Essay

What compound annual rate of return is required for an investment to double in:
a) 12 years?
b) 10 years?
c) 8 years?
d) 6 years?

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Definitions:

EHR Software's Form

Digital formats within electronic health record systems designed for the entry, storage, and management of patient health information.

Required Field

In forms or databases, a field that must be filled out or selected before proceeding.

Presidential Executive Order

A directive issued by the President of the United States that manages operations of the federal government and has the force of law.

Electronic Health Records

Digital version of patients' paper charts that contain a patient's medical history, diagnoses, medications, treatment plans, immunization dates, allergies, radiology images, and laboratory and test results.