At what interest rate compounded quarterly will money double itself in 10 years? a. 70% b. 0.7% c. 0.07% d. 7%

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Chapter5: The Time Value Of Money
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At what interest rate compounded quarterly will money double itself in 10 years?

a. 70%

b. 0.7%

c. 0.07%

d. 7%

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