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$ 5 , 5 0 0 is deposited in an account with 3 . 5 % interest and is compounded daily. How long will it

$5,500 is deposited in an account with 3.5% interest and is compounded daily.
How long will it take that investment to grow to $12,000? Calculations should
be rounded to at least 8th decimal place. Final answer rounded to two decimal
places.
Your retirement account has a starting value of $30,000 in it and earns 4.5%
interest per year compounded monthly. At the end of every month for the
next 12 years you will deposit money into the account. How much must you
deposit each month in order to accumulate a total of $150,000? You may use
TVM solver but show set up.
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