If your salary increases at an average annual rate of 601


Question

Upon graduating from college, you make an annual salary of $96,981. You set a goal to double it in the future.

If your salary increases at an average annual rate of 6.01 percent, how long will it take to reach your goal?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management: If your salary increases at an average annual rate of 601
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