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    Exam 5: Time Value of Money-The Basics
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    At 8%, Compounded Annually, How Long Will It Take $750
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At 8%, Compounded Annually, How Long Will It Take $750

Question 81

Question 81

Multiple Choice

At 8%, compounded annually, how long will it take $750 to double?


A) 9 years
B) 8 years
C) 12 years
D) 4 years
E) 6 years

Correct Answer:

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