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9). Number of Periods. How long will it take for $400 to grow to $1,000 at the interest rate specified? a. 4 percent b. 8

9). Number of Periods. How long will it take for $400 to grow to $1,000 at the interest rate specified?

a. 4 percent

b. 8 percent

c. 16 percent

Please provide answer in Excel with formulas. Thank you!

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