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In how many months will money double at 7.45% p.a. compounded semiannually? A. 114 months B. 106 months C. 119 months D. 98 months E.

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In how many months will money double at 7.45% p.a. compounded semiannually? A. 114 months B. 106 months C. 119 months D. 98 months E. 95 months F. 123 months G. 127 months H. 132 months I. 130 months J. 139 months K. 142 months L. 152 months M. None of the above A loan of $9000.00 was repaid together with interest of $3728.00. If interest was 9.4% p.a. compounded quarterly. how long was the loan taken out? A. 3.730 years B. 3.982 years C. 3.655 years D. 3.072 years E. 3.439 years F. 3.528 years G. 3.082 years H. 4.053 years I. 4.127 years J. 4.217 years K. 4.328 years L. 2.587 years M. None of the above

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