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To Determine How Long It Would Take an Investment to Double

Question 15

Multiple Choice

To determine how long it would take an investment to double at 10 percent, you could scan down the 10% column until you reach a factor of approximately 2.0 on the ________ table.


A) Present value of $1
B) Future value of $1
C) Present value of an annuity
D) Future value of an annuity

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