Question: How long will it take money to double if it is invested at (A) 8% compounded semiannually? (B) 7% compounded semiannually?
(A) 8% compounded semiannually?
(B) 7% compounded semiannually?
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We have A P1 i n To find the doubling time set A 2P This yields 2P P1 i n o... View full answer
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