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2. If the interest rate is 3% compounded ann interest on an initial deposit of $300? (Hinti: in manipulation is very useful while solving for

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2. If the interest rate is 3% compounded ann interest on an initial deposit of $300? (Hinti: in manipulation is very useful while solving for an exponent] strate is 3% compounded annually, how long will it take to earn $100 n initial deposit of $300? (Hint1: interest = FV - PV. Hint2: logarithmic

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