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How long will it take a $20,000 investment to grow to $22,000 (including accrued interest) if it earns 7% compounded quarterly? Assume that a quarter-year
How long will it take a $20,000 investment to grow to $22,000 (including accrued interest) if it earns 7% compounded quarterly? Assume that a quarter-year has 91 days. (Do not round the intermediate calculations. Round your answer to the nearest day.) It will take year(s) and month(s) and day(s). no
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