1. Assume that the annual percentage rate increases by 5%, 10 %, 20%, 40%, and 60%. [30 marks] a. Calculate the approxim
Posted: Sun Jul 03, 2022 12:11 pm
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.