Question: How long will it take $100 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal
How long will it take $100 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places.
6%. ____ year(s)
11%. _____year(s)
20%. ____year(s)
100%.____ year(s)
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