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3. How long does it take for the following to happen? a. $675 grows into $1000 at 10% compounded monthly. b. $10,000 grows into $16,350.85

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3. How long does it take for the following to happen? a. $675 grows into $1000 at 10% compounded monthly. b. $10,000 grows into $16,350.85 at 12% compounded quarterly

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