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10. You have $1,000 today and want to double your money in 7 years. What interest rate must you earn if the interest is compounded

10. You have $1,000 today and want to double your money in 7 years. What interest rate must you earn if the interest is compounded annually? A. 11.41 percent B. 16.90 percent C. 16.99 percent D. 24.57 percent I B. None of the above

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