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Question 17 (1 point) At 11.4% compounded quarterly, how long will it take for money to double? 6 years, 2 months 5 years, 4
Question 17 (1 point) At 11.4% compounded quarterly, how long will it take for money to double? 6 years, 2 months 5 years, 4 months 7 years, 6 months 2 years, 1 month 5 years, 11 months
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To solve this problem we use the compound interest formula A P left1 fracrn ightnt Where A is the am...Get Instant Access to Expert-Tailored Solutions
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