Question: Problem 5.13 (Time for a Lump Sum to Double) eBook How long will it take $400 to double if it earns the following rates? Compounding

Problem 5.13 (Time for a Lump Sum to Double) eBook How

Problem 5.13 (Time for a Lump Sum to Double) eBook How long will it take $400 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. 13%. year(s) c. 17%. year(s) d. 100%. year(s) 0 Icon Key Problem 5.13 (Time for a Lump Sum to Double) s

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