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2 We sometimes need to find how long it will take a sum of money (or anything else) to grow to some specified amount (a)
2 We sometimes need to find how long it will take a sum of money (or anything else) to grow to some specified amount (a) For example, if a company's sales are growing at a rate of 18% per year, approxinmately how long will it take sales to triple? (1 point) (b) If you want an investment to double in 3 years, what interest rate must it earn? (1 point)
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