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Answer both questions please. If only one is answered, I will downvote. Q3) How many years would it take an investment of $431.00 to grow
Answer both questions please. If only one is answered, I will downvote.
Q3) How many years would it take an investment of $431.00 to grow to $44,883.00 at an annual rate of return of 22.94% ? (1.5 points) Q4) How much money would you need to deposit today at 10.13% annual interest compounded monthly to have $7,756.00 in the account after 3.0 years? (1.5 points) When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal placesStep by Step Solution
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