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How long it will take for a sum of money to quardruple at 10% compounded annually? [ans:11.51%]. What is the nominal rate compounded monthly that

How long it will take for a sum of money to quardruple at 10% compounded annually? [ans:11.51%].

What is the nominal rate compounded monthly that will make $1000 become $2000 in 5 years? [ans:13.9%].

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