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QI: 1. At a simple interest rate of 12% per year, determine how long it will take $5000 to increase to twice as much. 2. Compare the time it will take to double if the rate is 10% per year simple interest
Answers: 2
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QI: 1. At a simple interest rate of 12% per year, determine how long it will take $5000 to increase...
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