Estimate how long it will take $50 to be worth $200 if interest is 6% annual interest

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The answer would be precisely 50 years....annually= yearly 5%=2.50 1%= .50 multiply .50 by 6 and it'll give you 3 that's your 6% interest multiply 3 by the 50 years to give you 150 which will equal 200 with your previous 50!
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