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Assuming that all interest payments are reinvested, how long would it take $5,000 to double if it were invested in a bank that pays 5%

Assuming that all interest payments are reinvested, how long would it take $5,000 to double if it were invested in a bank that pays 5% per year? a. 14.92 years b. 14.21 years c. 16.45 years d. 17.27 years e. 15.67 years

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