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How long will it take for money to double if it is invested at 7% compounded monthly?
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How long will it take for money to double if it is invested at 7% compounded monthly?

User Fantarama
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Use the rule of 72 for the monthly compound:
About 10.3 years
How long will it take for money to double if it is invested at 7% compounded monthly-example-1
User Matthew Jacobs
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