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40 An investment advertisement boasts you can double your money in 10 years (e.g. turn $1,000 into $2,000). What is the annual rate on the

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40 An investment advertisement boasts you can double your money in 10 years (e.g. turn $1,000 into $2,000). What is the annual rate on the investment? Assuming it is compounded annually. (A) 6.54% 20.00% 7.18% 7.18% 09.45% 9.45%

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