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Using an annual interest rate of 9%, how long will it take a deposit of $1,000 to grow to $3,000, assuming no additional deposits are

Using an annual interest rate of 9%, how long will it take a deposit of $1,000 to grow to $3,000, assuming no additional deposits are made?

Show your work. a. 8.04 years b. 10.00 years c. 11.11 years d. 12.75 years e. 13.50 years

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