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TIME FOR A LUMP SUM TO DOUBLE How long will it take $600 to double if it earns the following rates? Compounding occurs once a

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TIME FOR A LUMP SUM TO DOUBLE How long will it take $600 to double if it earns the following rates? Compounding occurs once a year. Round each answer to two decimal places. a. 8%. year(s) b. 11%. year(s) c. 19%. year(s) d. 100% year(s)

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