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    Exam 9: Compound Interest: Further Topics and Applications
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    To the Nearest Month, How Long Will It Take an Investment
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To the Nearest Month, How Long Will It Take an Investment

Question 134

Question 134

Short Answer

To the nearest month, how long will it take an investment to increase in value by 200% if it earns 7.5% compounded semiannually?

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14 years a...

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