Question: At 6.5% compounded annually, how long will it take $950 to double? Select one: a. 6.5 years b. 48 months c. None of the choices.

At 6.5% compounded annually, how long will it take $950 to double?

Select one:

a.

6.5 years

b.

48 months

c.

None of the choices.

d.

9 years

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