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13. Problem 5.13 (Time for a Lump Sum to Double) eBook How long will it take $300 to double if It earns the following rates?

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13. Problem 5.13 (Time for a Lump Sum to Double) eBook How long will it take $300 to double if It earns the following rates? Compounding occurs once a year. Round your answers to two decimal places. a, 8%. year(s) b. 1496 year(s) c. 2196 year(s) d. 100% year(s)

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