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How much is $1,000 that earns 20% annually, paid quarterly, worth in 20 years? Group of answer choices 49,561.44 45,259.26 38,337.60 52,827.53 How long will

How much is $1,000 that earns 20% annually, paid quarterly, worth in 20 years?

Group of answer choices

49,561.44

45,259.26

38,337.60

52,827.53

How long will it take for your funds to double if you can earn 15% annually? (choose the closest full year)

7 years

6 years

4 years

5 years

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