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A. If you were offered $281.30 12 years from now in return for an investment of $100 currently, what annual rate of interest would you
A. If you were offered $281.30 12 years from now in return for an investment of $100 currently, what annual rate of interest would you earn if you took the offer?
B. If you invest $1 at 8 percent compounded , about how many years would it take for your investment to grow to $2?
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