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What is TIME FOR A LUMP SUM TO DOUBLE How long will it take $200...

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Accounting

What is TIME FOR A LUMP SUM TO DOUBLE

How long will it take $200 to double if it earns the following rates? Compounding occurs once a year. Round each answer to two decimal places.

  1. 6%.

    ? year(s)

  2. 10%.

    ? year(s)

  3. 20%.

    ? year(s)

  4. 100%.

    ? year(s)

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