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Open the Time Value of Money spreadsheet. Using the Double Investment chart worksheet (as in the lecture), about how long would it take to double
Open the Time Value of Money spreadsheet. Using the Double Investment chart worksheet (as in the lecture), about how long would it take to double an investment if the interest rate is 1%? What if the interest rate is 20% (rounding to nearest whole number).
A. 70, 8
B. 60, 10
C. 70, 5
D. 60, 4
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