1. Assume that the annual percentage rate increases by 5%, 10 %, 20%, 40%, and 60%. [30 marks] a. Calculate the approxim

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1. Assume that the annual percentage rate increases by 5%, 10 %, 20%, 40%, and 60%. [30 marks] a. Calculate the approxim

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1 Assume That The Annual Percentage Rate Increases By 5 10 20 40 And 60 30 Marks A Calculate The Approxim 1
1 Assume That The Annual Percentage Rate Increases By 5 10 20 40 And 60 30 Marks A Calculate The Approxim 1 (13.48 KiB) Viewed 21 times
1. Assume that the annual percentage rate increases by 5%, 10 %, 20%, 40%, and 60%. [30 marks] a. Calculate the approximate doubling time (Dappx) b. Calculate the exact doubling time (Dexact) c. Calculate the percentage error in calculating the doubling time for each case.
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