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OpenStudy (anonymous):
How long will it take you to double your money if you invest it at a rate of 8% compounded annually?
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OpenStudy (anonymous):
@amistre64 @rock_mit182
OpenStudy (anonymous):
Well, let's think about this. Doubling your money would be 100%, right? So, what is 100% divided by 8%?
OpenStudy (anonymous):
is it 12.5%?
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