Question: 47. (2 points) How long does it take $1,000 to quadruple in value if you have an 11% annual return? Assume annual compounding, and express

47. (2 points) How long does it take $1,000 to quadruple in value if you have an 11% annual return? Assume annual compounding, and express your answer in years (to two decimals). 48. (4 points) Assume...

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