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Question 7 At a rate of interest, i, where i > 0, a 20-year annuity-immediate with annual payments of $4 has the same present value

Question 7

At a rate of interest, i, where i > 0, a 20-year annuity-immediate with annual payments of $4 has the same present value as an 10-year annuity-immediate with annual payments of $5. In how many years does money double at rate of interest, i ? (Use an integer number for your answer, such as 1

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