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nt r Use the model A=Pert orA =P(1+ ) , where A is the future value ofP dollars invested at interest rate r compounded continuously
nt r Use the model A=Pert orA =P(1+ ) , where A is the future value ofP dollars invested at interest rate r compounded continuously or n times per year It fort years. An $11,000 investment grows to $15,052.21 at 3.5% interest compounded quarterly. For how long was the money invested? Round to the nearest year. The money was invested for approximately D years
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