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You are currently investing your money in a bank account which has a nominal annual rate of 20 percent, compounded annually. How many years will

You are currently investing your money in a bank account which has a nominal annual rate of 20 percent, compounded annually. How many years will it take for you to triple your money? 5.0 years 8.0 years 8.7 years 7.0 years 6.0 years

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