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3 years ago

10

Jaxon invested $960 in an account paying an interest rate of 6.1% compounded monthly. Assuming no deposits or withdrawals are ma

de, how long would it take, to the nearest year, for the value of the account to reach $1,720

1 answer:

Natalka [10]3 years ago

3 0

Answer: 10 years

Step-by-step explanation:

1720=960(1+0.061/12)

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