This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014.+ Country U.S. Japan Germany Australia Yield 2.5% 0.5% 1.0% 3.5% Brazil 4.2% How long, to the nearest year, will it take an investment in Brazil to double its value if the interest is compounded every 4 months? yr

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