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At a growth (interest) rate of 6 percent annually

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Question

23)At a growth (interest) rate of 6 percent annually, how long will it take for a sum to double? To triple? UseAppendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)  
    Time needed to double  years     Time needed to triple

 
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