In How Many Years Will Money Double at 8% Compounded

question 34

Multiple Choice

In how many years will money double at 8% compounded yearly?

• A) 0.09 years
• B) 0.9 years
• C) 9.01 years
• D) 90.1 years
• E) 2 years

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A virus known as Human Immunodeficiency Virus which compromises the immune system and potentially results in AIDS without proper treatment.