Question: 30. Problem 5.13 (Time for a lump Sum to Double) Book How long will it take 5600 to double if it earns the following rates?

30. Problem 5.13 (Time for a lump Sum to Double) Book How long will it take 5600 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places. a. 5%. year(s) b. 15% year(s) c. 21%. Year(s) d. 100% year(s)

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