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12) How long will it take $1000 to triple if it is invested at an annual interest rate of 5.5%? A calculator is necessary to

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12) How long will it take $1000 to triple if it is invested at an annual interest rate of 5.5%? A calculator is necessary to find your approximate and properly rounded answers. Be careful to enter everything into your calculator properly. It may help to carefully write out your formulas. a) Compounded quarterly. b) Compounded continuously

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