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In it's first 10 years, a mutual fund produced an average annual return of 19.17%. Assume that money invested in this fund continues to earn
In it's first 10 years, a mutual fund produced an average annual return of 19.17%. Assume that money invested in this fund continues to earn 19.17% compounded annually. How long will it take money invested in this fund to double?
Round your answer to the nearest year.
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