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How long will it take to double our money if we assume annual return i = 6.0%, compounded MONTHLY? A) 8.8 years B) 11.9 years

How long will it take to double our money if we assume annual return i = 6.0%, compounded MONTHLY?

A) 8.8 years

B) 11.9 years

C) 11.6 years

D) 14.3 years

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