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25 If you earn 6% per year on your bank account, how long will it take an account with $500 to triple to $1500? (6%

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25

If you earn 6% per year on your bank account, how long will it take an account with $500 to triple to $1500? (6% IS annual interest rate and given annual compounding) Multiple Choice 18.20 years 15.24 years 16.01 years 1885 years

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