How Long Will It Take for Your Money to Double

question 2

Multiple Choice

How long will it take for your money to double if the APY is 8%?

• A) 9 years.
• B) 9 months.
• C) 12 years.
• D) 12 months.

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Definitions:

Frown

A frown is a facial expression characterized by a furrowing of one's eyebrows and a downward turn of the mouth, typically indicating disapproval, sadness, or concentration.

Overimitation

The action of imitating behaviors excessively, often observed in children who replicate adults' actions even when they are unnecessary for achieving a goal.

Plastic Jar

A container made from plastic materials, used for storing a variety of items.

Feather

A feather is a lightweight, growth from the skin of birds, serving functions such as flight, thermal insulation, and display for attracting mates.