If you deposit money today in an account that pays 11.8 percent annual interest, how long will it take to double your money?;a. 8.47 years;b. 11.80 years;c. 7.46 years;d. 6.21 years;e. The answer cannot be calculated without knowing how much money is initially deposited.
Doubling Time For Money With 11.8 Percent Annual Interest
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