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solution

How long will it take (in years and months), for $300 to double
in value, if it earns interest at 4.61% compounded semi-annually.
Round the month to the next higher month (e.g. 7.1 becomes 8). Do
not enter a value of 12 months, it must be converted to another
year (e.g. 2 years 12 months must be converted to 3 years 0
months). Years must be an integer. If years is an exact integer
such as 17 years 0 months, a zero must be entered for months. All
answer boxes must have an entry! I/Y = % P/Y = C/Y = PV = $ PMT = $
FV = $ Time = years and months

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