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hello , can you do it step by step and show work please and thank yiu ! 9. (14 pts) Suppose that $11,000 is invested

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hello , can you do it step by step and show work please and thank yiu !

image text in transcribed
9. (14 pts) Suppose that $11,000 is invested into an account at 2.8 % annual interest rate compounded quarterly. How long will it take for the account to reach $20,000? Round your answer to two decimal places

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