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    paranee's Avatar
    paranee Posts: 5, Reputation: 1
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    #1

    Nov 5, 2010, 07:28 PM
    Time for a lump sum to double
    If you deposit money today in an account that pays 6.5% annual interest, how long will it take todouble your money?
    Just Looking's Avatar
    Just Looking Posts: 1,610, Reputation: 480
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    #2

    Nov 6, 2010, 12:59 PM

    Check out the Rule of 72.
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