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23. Lisa has an opportunity to invest $25,000 today at a nominal interest rate of 6.5% per annum, compounding half yearly. Is she wants this
23. Lisa has an opportunity to invest $25,000 today at a nominal interest rate of 6.5% per annum, compounding half yearly. Is she wants this to grow to $50,000, how long does she need to hold her investment?
Select one: a. 20.8 half years b. 21.7 half years c. 22.3 half years d. 21.1 half years
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