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Posted on Sep 04, 2024

If Beth invested $ 2 0 , 0 0 0 at 6 % interest, how much more time would it take for her account to

If Beth invested $

20, 000

6 %

interest, how much more time would it take for her account to grow to $

30, 000

with semiannual compounding than it would under the same conditions with continuous compounding?

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