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Suppose $100 is deposited into an account and the amount doubles every 8 years. How much will be in the account in 40 years? (Use exponents)
The answer would be 3,200. you would take 40 ÷ 8 and get 5 doublings so you double 100 to get 200 double 200 to get 400 and 400 to get 800 and 800 to get 1600 and 1600 to get 3200
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