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Alex invests $5241 in an investment project which gives him 5% (compounded monthly) per year. How many quarters will it take for Alex to triple

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Alex invests $5241 in an investment project which gives him 5% (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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