Question: How long will it take $700 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal
How long will it take $700 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.14%.
year(s)
c.16%. year(s)
d.100%.
year(s)
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