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8. Problem 5.13 (Time for a Lump Sum to Double) How long will it take $200 to double if it earns the following rates? Compounding

8. Problem 5.13 (Time for a Lump Sum to Double) How long will it take $200 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places, a. 8% year(5) b. 11% year(s) c. 19%. year(s) d. 100%. year

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