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You have $1,000 today and want to double your money in 10 years. What interest rate must you earn (compounded yearly)? A. 7.18% B. 8.05%

You have $1,000 today and want to double your money in 10 years. What interest rate must you earn (compounded yearly)?

A. 7.18%

B. 8.05%

C. 9.20%

D. 10.53%

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