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20 December, 10:05

Find out how long it takes a $2,800 investment to

double if it is invested at 7% compounded

semiannually. Round to the nearest tenth of a year.

Use the formula A = P (1+

rnt

O 10.1 years

O10.3 years

O9.9 years

O10.5 years

+3
Answers (1)
  1. 20 December, 13:21
    0
    9.9 years
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