Order to improve their ability to save for life stages

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Reference no: EM13850361

People use TVM for future financial planning in order to improve their ability to save for life stages and purchases. TVM is a part of our daily life. Let’s assume we have $ 1000 to invest with 6% interest rate and we like to double our money. How long does it take to double it?

Reference no: EM13850361

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