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If you earn an annual interest rate of 9.3 percent, how many years will it take to double your money? You save bank has a
If you earn an annual interest rate of 9.3 percent, how many years will it take to double your money?
You save bank has a unique account. If you deposite 9750 today, the bank will pay you an annual interest rate of 6 percent for 3 years, 6.6 percent for 2 years, and 7.3 percent for 6 years: how much will you have in your account in 11 years?
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