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When you were ten years old,your grandparents put $150,000 into a bank account earning 7.75%. You can't withdraw the money until the balance has doubled.
- When you were ten years old,your grandparents put $150,000 into a bank account earning 7.75%. You can't withdraw the money until the balance has doubled. How long will you have to leave the money in the account (to the nearest whole year)?
- a.9 years
- b.11 years
- c.15 years
- d.12 years
- e.8 years
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