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Posted on May 19, 2024

if $ 3 5 0 0 0 is invested in a hedge fund that pays 1 0 . 7 5 interest compounded annually, how long

if $

35 000

is invested in a hedge fund that pays

10.75

interest compounded annually, how long will it take for that investment to be worth $

60 000 ?

include the units in your final answer and show your work fofr full marks

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