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Bonus: Bonus Question: If you are considering a long-term investment that earns a rate of 8.5% APR, how long will it take for your investment
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Bonus Question: If you are considering a long-term investment that earns a rate of 8.5\% APR, how long will it take for your investment to triple? (Yes this problem has all info necessary to calculate the problem.) You will get partial credit just for trying 5 Points \begin{tabular}{|l|l|} \hline NPER & ? \\ \hline I/Y (Rate) & \\ \hline PV & \\ \hline PMT & \\ \hline FV & \\ \hline CPT (Compute) ? & \\ \hline \end{tabular}Step by Step Solution
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