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30 April, 22:39

Gia needs to make an investment that will double in 8 years. Which interest rate, compounded annually, is the lowest rate that will allow for this to happen?

A.

4.4%

B.

7.2%

C.

9%

D.

14.4%

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Answers (1)
  1. 1 May, 00:31
    0
    I think the answer is A 4.4%
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