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How long does it take for an investment to quadruple in value (4x increase) if the expected interest rate is 6% per year? A Big
How long does it take for an investment to quadruple in value (4x increase) if the expected interest rate is 6% per year? A Big Mac was 70 cents at the end of 1975. At the end of 2011, a Big Mac was $4.19. Assuming that the ingredients in a Big Mac haven't changed, what is the annual average increase in Big Mac prices over this time period
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