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Hewlett Plastics Inc. received a loan of $40,500.00 at 3.25% compounded quarterly to purchase machinery for its factory. Calculate the time period of the loan

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Hewlett Plastics Inc. received a loan of $40,500.00 at 3.25% compounded quarterly to purchase machinery for its factory. Calculate the time period of the loan if the total amount of interest paid was $12,826.63. 0 years and o months Express the answer in years and months How long will it take for an investment to at least double its original amount if it is growing at 4.50% compounded semi-annually? o years o months Express your answer in years and months, rounded to the next month

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