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How long does it take an account containing $8000 to be worth $15,000 if the money if the money is invested at 9% compounded monthly?
How long does it take an account containing $8000 to be worth $15,000 if the money if the money is invested at 9% compounded monthly? (A) What is the exponent of the future value function (C) How many years will it take for the money to be worth $15,000 (round to the nearest year)? (D) How , many months will have passed
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