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How long will it take $800 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal
How long will it take $800 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places.
a. 8%. ______ year(s)
b. 15%. ______ year(s)
c. 16%. ______ year(s)
d. 100%._______ year(s)
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