How many years are required to have in your account

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Reference no: EM131936937

You have invested $1 in your account with an interest rate of 100%, how much money will you have in your account 20 years later?

How many years are required to have $100 in your account?

Suppose that there is another investment opportunity with an interest rate of 10% but you have invested $1,000, in which year will these two accounts have the same amount of money?

Reference no: EM131936937

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