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What annual interest rate will allow you to quadruple (increase four times) your money in 8 years? Assume annual compounding. (Start with $1). A) 7.18%

What annual interest rate will allow you to quadruple (increase four times) your money in 8 years? Assume annual compounding. (Start with \$1). A) 7.18% B) 16.99% C) 11.61% D) 18.92% E) 20.13%

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