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    Exam 1: Personal Finance Basics and the Time Value of Money
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    If You Desire Your Savings to Double in 6 Years,what
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If You Desire Your Savings to Double in 6 Years,what

Question 113

Question 113

Multiple Choice

If you desire your savings to double in 6 years,what rate of return would you need to earn?


A) 6 percent
B) 8 percent
C) 9 percent
D) 10 percent
E) 12 percent

Correct Answer:

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