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1. A) If a company's sales are growing at a rate of 25% per year, how long will it take sales to double? B) If
1.
A) If a company's sales are growing at a rate of 25% per year, how long will it take sales to double?
B) If you want an investment to double in 4 years, what interest rate must it earn?
Show calculation (preferrably, use excel formula)
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