13. You have 6,000 to invest. How much would it take you to double your money if...
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13. You have 6,000 to invest. How much would it take you to double your money if the interest rate is
(a) 6%,
(b) 10%,
(c) 20%, and
(d) 30%! Assume annual compounding. Would your answer change if compounding is done half-yearly? Show computations.
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