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2. How many years will it take $1,000 to grow to (a) $2,445.92 if the money earns 5% per year, compounded quarterly? (b) $1,900.29 if

2. How many years will it take $1,000 to grow to (a) $2,445.92 if the money earns 5% per year, compounded quarterly? (b) $1,900.29 if the money earns j2 = 5%? (c) $1,315.78 if the money earns j12 = 5%

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