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Posted on Jul 24, 2024

How many years will it take for an initial investment of $ 1 3 , 0 0 0 to grow to $ 3 9 ,

How many years will it take for an initial investment of $

13, 000

to grow to $

39, 800

if it is compounded daily at

12 %

APR?

(

Round your answer to the nearest tenth of a year.

)

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