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4 A bank in offering a rate of 3.4% per annum compounded quarterly. Mrs. Safe invests $3500 in this bank. (a) Calculate the amount of

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4 A bank in offering a rate of 3.4% per annum compounded quarterly. Mrs. Safe invests $3500 in this bank. (a) Calculate the amount of money she has after six years. (b) Mr. Secure invests $x in this bank. After six years, the amount in his bank is $4,000. Calculate the value of x, correct to the nearest dollar. (c) Calculate the number of years it would take for Mr Secure's money to double. (2dp)

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