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Mathematics, 05.05.2020 15:12 alanihuling

How long does it take to double a $1,000 investment that pays 6.5% annual interest, compounded monthly?
Which equation can you use to solve this problem?
To the nearest year, it will take about ___
years to double the original investment.

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Answers: 3

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How long does it take to double a $1,000 investment that pays 6.5% annual interest, compounded month...
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