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The value of the investment is expected to grow by 3% per year. How long will it take to double?A. A...
5 months ago
Q:
The value of the investment is expected to grow by 3% per year. How long will it take to double?A. About 4 yearsB. About 6 yearsC. About 12 yearsD. About 24 years
Accepted Solution
A:
3 times 24 is 48% therefore its D.