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22) Alex invests $6704 in an investment project which gives him 4.1% (compounded monthly) per year. How many quarters will it take for Alex to
22)
Alex invests $6704 in an investment project which gives him 4.1% (compounded monthly) per year. How many quarters will it take for Alex to triple his investment? It will take Alex quarters to triple his investment. (Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.)
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Authors: Daren Price
1st Edition
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