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mitch invests 2000 at 8.2 % compounded quarterly. he calculated the number of conversion periods needed for the 2000 to grow to a specifc amount.

mitch invests 2000 at 8.2 % compounded quarterly. he calculated the number of conversion periods needed for the 2000 to grow to a specifc amount. using the trusty calculator he determined N=28 This means it will take 8 years for Mitch's 2000 to grow to the desired amount True or False

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