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Assume Jimmy invested $10,000 at 11.4% for x years, after which the investment grew to $18,500. Assuming the interest rate compounded semiannually, how long did
Assume Jimmy invested $10,000 at 11.4% for x years, after which the investment grew to $18,500. Assuming the interest rate compounded semiannually, how long did it take for the investment to grow to $18,500 (in other words, what is the value of the x years)?
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