Question: How long will it take $500 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal

How long will it take $500 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places. a. 3% Year(s) b. 15%. year(s) C. 16% year(s) d. 100% Year(s)

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