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A)How long did it take for an investment of $26,250 to grow to $30,000 at 1.32% compounded semi-annually? _ years and _ months B) Marcus

A)How long did it take for an investment of $26,250 to grow to $30,000 at 1.32% compounded semi-annually?

___ years and ___ months

B) Marcus invested $225,000 to purchase a home. After 15 years, he sold the home for $320,000. Calculate the effective interest rate earned on this investment.

___%

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