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Compound Interest In Exercises 17 and 18, determine the time necessary for $1000 to double if...

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Basic Math

Compound Interest In Exercises 17 and 18, determine the timenecessary for $1000 to double if it is invested at interest ratecompounded (a) annually, (b) monthly, (c) daily, and (d)continuously

17. r = 11%

18. r = 10 1/2%

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