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If Money Is Invested at 8% Per Year, After Approximately

question 14

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If money is invested at 8% per year, after approximately how many years will the interest earned be equal to the original investment?


Definitions:

Range

The gap between the maximum and minimum numbers within a dataset.

College Student

An individual who is enrolled in and attending courses at a college or university.

Interquartile Range

A measure of variability, calculated as the difference between the upper and lower quartiles, indicating the spread of the middle 50% of the dataset.

Range

The difference between the highest and lowest values in a dataset, providing a measure of the overall spread.

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