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Kendall invests $125,000 in an upcoming digital media company. The investment returns a consistent 5% per year, compounded quarterly. a) what is the value of
Kendall invests $125,000 in an upcoming digital media company. The investment returns a consistent 5% per year, compounded quarterly.
a) what is the value of the investment after 5 years?
b) use a calculator to determine after how many years will the investment be worth $500,000.
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