Client question
Using the natural log-based formula, you’re able to determine how long it would take to double an initial investment. You can even determine popular profit target percentages by dividing years from the formula. But what if a client asks “Where will I be in X years at this interest rate?” Is there a loophole/framework I can use to give a near accurate answer as oppose to a rough answer?
Pariatur nihil eum ex vel veniam omnis. Aliquid optio corrupti et aut.
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