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Suppose you are planning to invest $1,000. You'd like to grow your investment to $2,000. If your investment earns an annual return of 5% compounded
Suppose you are planning to invest $1,000. You'd like to grow your investment to $2,000. If your investment earns an annual return of 5% compounded monthly, how many years will it take to reach your goal? Round to one decimal place.
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