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David deposits $5000 in an account with a 2.5% interest rate that is compounded monthly. How many years, to the nearest tenth, will it take
David deposits $5000 in an account with a 2.5% interest rate that is compounded monthly. How many years, to the nearest tenth, will it take for her investment to double if she doesnt interact with the account? How much more would be in the account after that amount of time if it were compounded continuously instead
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Better Money
Authors: Lawrence H. White
1st Edition
1009327453, 978-1009327459
