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What annual interest rate will cause your money to double in four years

What annual interest rate will cause your money to double in four years
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What annual interest rate will cause your money to double in four years

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User Jake Lishman
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1 Answer

7 votes

Answer:

The rule also means if you want your money to double in 4 years, you need to find an investment that earns 18% per year compounded annually.

Explanation:

answered
User Sanjay
by
7.7k points
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