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Jose needs $2500 for a future project. He can invest $2000 now at an annual rate of 8%, compounded quarterly. Assuming that no withdrawals are
Jose needs $2500 for a future project. He can invest $2000 now at an annual rate of 8%, compounded quarterly. Assuming that no withdrawals are made, how long will it take for him to have enough money for his project? Do not round any intermediate computations, and round your answer to the nearest hundredth. If necessary, refer to the list of financial formulas
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Professionals Handbook Of Financial Risk Management
Authors: Lev Borodovsky, Marc Lore
1st Edition
0750641118, 978-0750641111
