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At 5% interest rate compounded monthly, how many months will it take to double your investment? a. 50 months b. 75 months c. 100 months

At 5% interest rate compounded monthly, how many months will it take to double your investment?

a. 50 months
b. 75 months
c. 100 months
d. 125 months
e. 150 months

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