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Jamil Invested $9,500 in an Account He Expects Will Earn

Question 102

Multiple Choice

Jamil invested $9,500 in an account he expects will earn 5% annually.Approximately how many years will it take for the account to double in value?

A) 8.8
B) 9.7
C) 10.8
D) 11.4
E) 14.4

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