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How long will it take money to double if it is invested at the following rates? (A) 4.64.6% compounded semiannually (B) 4.94.9% compounded semiannually (A)
How long will it take money to double if it is invested at the following rates?
(A) 4.64.6% compounded semiannually
(B) 4.94.9% compounded semiannually
(A) years (Round to two decimal places as needed.)Step by Step Solution
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