(a) How many doubling periods do you have to wait for 1 cent to grow to $100...
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(a) How many doubling periods do you have to wait for 1 cent to grow to $100 trillion? (Calculate to the nearest integer.)
(b) At an interest rate of 7 percent, about how long does it take for that many doublings to occur?
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a 2 n 100 10 12 001 n Log10 16 Log2 ...View the full answer
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