Question: How long will it take How long will it take $500 to double if it earns the following rates? Compounding occurs once a year. Round
How long will it take
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. 5%. year(s) b. 11%. year(s) c. 20%. year(s) d. 100%. year(s)
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