An intern working at Florida Sale Away Corporation asked you to join him for lunch to discuss an inheritance of $5,000 that he recently received

An intern working at Florida Sale Away Corporation asked you to join him for lunch to discuss an inheritance of $5,000 that he recently received. He wondered if he deposited the $5,000 in a savings account that pays 8% interest per annum, how long would it take him to double his savings. Please help him out with your answer and explanation.

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