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Mathematics, 05.03.2021 02:40 lyly214

London invested $1,000 in an account paying an interest rate of 8 % compounded monthly. Henry invested $1,000 in an account paying an interest rate of 8 %
compounded annually. To the nearest hundredth of a year, how much longer would
it take for Henry's money to double than for London's money to double?

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