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In 1980, direct U.S. business investment abroad was about 13.5 billion dollars. From 1980 through 2010, that investment grew at an average annual rate of

In 1980, direct U.S. business investment abroad was about 13.5 billion dollars. From 1980 through 2010, that investment grew at an average annual rate of 11.24%. (b) From 1980, how long did it take (in years) for U.S. investments abroad to double? (Round your answer to two decimal places.)

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