Question: give acurate answer 13. Problem 5.13 (Time for a Lump Sum to Double) How long will it take $300 to double if it earns the

give acurate answer 13. Problem 5.13 (Time for a Lump Sum

give acurate answer

13. Problem 5.13 (Time for a Lump Sum to Double) How long will it take $300 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places. a. 4%. year(s) b. 11%. year(s) c. 20%. year(s) d. 100%. year(s)

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