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Please show work and how its solved.... 1. A bank has a scheme where you deposit $10,000 and you get back $20,000 in 10 years.

Please show work and how its solved....

1. A bank has a scheme where you deposit $10,000 and you get back $20,000 in 10 years. What is the rate that the bank is paying?

If you deposited $1,000 in a bank account earning 5% per year, how long will it take for the money to triple?

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