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Scorpion4ik [409]

3 years ago

15

How long will it take for $4,500 to grow to $10,000 if it is invested in an account paying 3.25% interest per year compounded an

nually?

1 answer:

Tpy6a [65]3 years ago

5 0

The formula is:
10,000=4500(1.0325)^x
you just need to simplify this down and you should be set!

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