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You are trying to calculate how long it will take $ 8 0 0 0 invested at 8 % p . a . compounded monthly

You are trying to calculate how long it will take $ 8000 invested at 8% p.a. compounded monthly to double. Applying the tools that you have learned in this class you initially find n (the number of periodic periods). This answer No will initially be in terms of
a.
years
b.
months
c.
half-years
d.
quarters
e.
days

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