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30 April, 03:58

Terrence has 100 that he can invest in a saving account. His bank is willing to pay interest to his account at a rate of 0.04. How long will terrance need to leave the money in the account if he wants to earn 100 in interest, doubling his money? Use the formula t=i/or

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  1. 30 April, 05:40
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    It will take about 25 years if he does not deposit any money or withdraw
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