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How long will it take for $5,000 to grow to $8,000 if the investment earns an interest rate of 24% per year compounded monthly (i.e.,
How long will it take for $5,000 to grow to $8,000 if the investment earns an interest rate of 24% per year compounded monthly (i.e., 12 times a year). Exact length of time (without using a calculator), t = Length of time, rounded to 2 decimal places = years years
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