Question: 5. Page 421.90 The time it would take for a given sum of money to double at 4% per year simple interest is closest to:

5. Page 421.90 The time it would take for a given sum of money to double at 4% per year simple interest is closest to:

1.

a. 30 years 2.

b. 25 years 3.

c. 20 years 4.

d. 10 years

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