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You are currently investing your money in a bank account that has a nominal annual rate of 7 percent, compounded monthly. How many years will

You are currently investing your money in a bank account that has a nominal annual rate of 7 percent, compounded monthly. How many years will it take for you to double your money?

Question 10 options:

8.67

9.15

9.50

9.93

10.25

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