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(f) Sam invests $200,000 at Bank A that earns an annual interest rate of 12% compounded monthly. His wife puts $220,000 at Bank B with
(f) Sam invests $200,000 at Bank A that earns an annual interest rate of 12% compounded monthly. His wife puts $220,000 at Bank B with an annual interest rate of 6% compounded monthly. How long does Sam take to accumulate his account at bank A to arrive a doubled accumulated amount of his wife's at bank B
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