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Lucas opens a bank account with 800 and lets it accumulate at an annual nominal interest rate of 10% convertible semiannually. Danielle also opens a

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Lucas opens a bank account with 800 and lets it accumulate at an annual nominal interest rate of 10% convertible semiannually. Danielle also opens a bank account with 900 at the same time as Lucas, but it grows at an annual nominal interest rate of 6% convertible monthly For each account, interest is credited only at the end of each interest conversion poriod. Calculate the number of months required for the amount in Lucas's account to be at least double the amount in Danielle's account 0 240 O 258 264 294 O 300

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