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The time it would take for a given sum of money to triple (3 times) at 4% per year using simple interest equals ... .
The time it would take for a given sum of money to triple (3 times) at 4% per year using simple interest equals ... .
Select one:
a. 50 years.
b. 5 years.
c. 10 years.
d. 25 years.
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