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California Investors recently advertised the following claim: Invest your money with us at 10%, compounded annually, and we guarantee to double your money sooner than

California Investors recently advertised the following claim: Invest your money with us at 10%, compounded annually, and we guarantee to double your money sooner than you imagine. Ignoring taxes, how long would it take to double your money at a nominal rate of 10%, compounded annually?

  1. 5

  2. 9

  3. 6

  4. 7

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