Question
Find the time required for an investment of 5000 dollars to grow to 7400 dollars at an interest rate of 6.5% per year, compounded quarterly.
Find the time required for an investment of 5000 dollars to grow to 7400 dollars at an interest rate of 6.5% per year, compounded quarterly. Round to the nearest year.
The answer is t= ________ years.
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Precalculus Concepts Through Functions A Unit Circle Approach To Trigonometry
Authors: Michael Sullivan
5th Edition
0137945139, 9780137945139
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