Problem 10. (10 points) Find how long $300 should be left to accumulate at 8.5% effective...

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Problem 10. (10 points) Find how long $300 should be left to accumulate at 8.5% effective in order that it will amount to twice the accumulated value of another $300 deposited at the same time at 5.5% effective OA. 9.89 years OB.35 32 years OC. 6.18 years OD. 24.72 years OE. 12.36 years Problem 10. (10 points) Find how long $300 should be left to accumulate at 8.5% effective in order that it will amount to twice the accumulated value of another $300 deposited at the same time at 5.5% effective OA. 9.89 years OB.35 32 years OC. 6.18 years OD. 24.72 years OE. 12.36 years

Answer rating: 100% (QA)

Answer A 989 years Explanation To find out how long 300 should be left to accumulate at 85 effective ... View the full answer