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Greg wants to have $55.000 He will invest $35,000 today in investment certificates that pay 6 percent nominal interest, compounded quarterly. How long will
Greg wants to have $55.000 He will invest $35,000 today in investment certificates that pay 6 percent nominal interest, compounded quarterly. How long will it take him to reach his goal? It will take Greg years to reach his goal. (Round up to the nearest quarter of a year. Type an integer or a decimal)
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College Mathematics for Business Economics Life Sciences and Social Sciences
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
12th edition
321614003, 978-0321614001
