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Bob Has $2,500 Invested in a Bank That Pays 6

Question 145

Multiple Choice

Bob has $2,500 invested in a bank that pays 6.6% annually.How long will it take for his funds to double?

A) 12.04 years
B) 11.17 years
C) 10.85 years
D) 12.80 years
E) 9.44 years

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