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5-5: Finding the Number of Years, N Time for a lump sum to double How...

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5-5: Finding the Number of Years, N Time for a lump sum to double How long will it take $300 to double if it earns the following rates? Compounding occurs once a year: Round each answer to two decimal places. 3. 5% year(s) b. 14% year(s) c. 21% year(s) d. 100% year(s)

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