How long must one wait for an initial investment of $1000 to double in value if the

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How long must one wait for an initial investment of $1000 to double in value if the investment earns 8% compounded annually? The answer is 9.00 Years, how do you arrive at this answer?

Posted Date: May 18, 2024 01:11 PM

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How long must one wait for an initial investment of $1000 to double in value if the

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