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Jane can invest $2,000 in an investment today and accumulate $6,000 by the end of the investment period The interest rate over this period is
Jane can invest $2,000 in an investment today and |
accumulate $6,000 by the end of the investment period |
The interest rate over this period is 10.0% |
How many Periods will it approximately take for this money |
to grow to the promised $6,000 amount? |
Take your calculation out to two decimal places. |
15.13
10.53
12.53
11.53
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