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QUESTION 1 A bank offers an annual interest rate of 59 for its savings accounts. It takes almost how many years to double an initial
QUESTION 1 A bank offers an annual interest rate of 59 for its savings accounts. It takes almost how many years to double an initial deposit of $10007 10 QUESTION 2 A fixed sum of $1000 is deposited into a retirement account at the termination of each year. It takes approximately how long to save $30,000? Assume a fixed interest rate of 5%. 10 15 20 30 QUESTION 3 A fixed sum of $1000 is deposited into a retirement account at the termination of each year. It takes approximately how long to save 530.0007 Assume a foxed interest rate of 59
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