Question: What nominal interest rate compounded monthly is earned on an investment that doubles in 8 years? What nominal interest rate compounded semi-annually will result in

 What nominal interest rate compounded monthly is earned on an investment

What nominal interest rate compounded monthly is earned on an investment that doubles in 8 years? What nominal interest rate compounded semi-annually will result in the same benefit? 0.00 % compounded monthly 0.00 % compounded semi-annually Round to two decimal places

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