SOLUTION: Use the compound interest formula to determine how long it will take for a sum of money to double if it is invested at a rate of 3% per year compounded monthly. (Give the answer to

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Question 690100: Use the compound interest formula to determine how long it will take for a sum of money to double if it is invested at a rate of 3% per year compounded monthly. (Give the answer to two decimal places.)
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John

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