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You have $1 million today and want to double your money in 10 years. What interest rate must you earn (compounded yearly)? 7.18% 8.75% 9.05%
You have $1 million today and want to double your money in 10 years. What interest rate must you earn (compounded yearly)?
| 7.18% | ||
| 8.75% | ||
| 9.05% | ||
| 10.53% |
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