Question: TIME FOR A LUMP SUM TO DOUBLE How long will it take $200 to double if it earns the following rates? Compounding occurs once a

TIME FOR A LUMP SUM TO DOUBLE How long will it take $200 to double if it earns the following rates? Compounding occurs once a year. Round each answer to two decimal places. a. 696. year(s) year(s) c. 1690. year(s) d. 100%. year(s)

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