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Question 5 ( Mandatory ) ( 5 points ) You want to quadruple your investment. If the interest rate is 4 . 2 5 %

Question

5 (

Mandatory

) (5

points

)

You want to quadruple your investment.

If the interest rate is

4.25 %

compounded semi

-

annually, how many years are required?

Briefly comment on your goalg

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