Which of the following would represent the calculation to determine how long it would take an investment of 50000 to double if was invested at an annual rate of 3.5% compounded quarterly? 02= 1(1.035)¹ 03= 1(1.032)¹ 02=1(1+ 0.035 4 )41 .035 02= 1(1+ )4t 2

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