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3) Ben invests $2200 at 2.25%, compounded annually. a) How long will it the investment to double? (1 mark) b) How long will it take

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3) Ben invests $2200 at 2.25%, compounded annually. a) How long will it the investment to double? (1 mark) b) How long will it take the future value to reach $3500? Round your answer to the nearest tenth of a year. List your TVM variables. (2 marks)

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