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At a growth (interest) rate of 25 percent annually, how long will it take for a sum to double? To triple? UseAppendix Afor an approximate

At a growth (interest) rate of 25 percent annually, how long will it take for a sum to double? To triple? UseAppendix Afor an approximate answer, but calculate your final answer using the formula and financial calculator methods.(Do not round intermediate calculations. Round your final answers to 2 decimal places.)

Time needed to double (years) -

Time needed to triple (years) -

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