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O CONSUMER MATHEMATICS E Finding the time required for an investment earning compound... 0/5 De Suppose that $6000 is placed in a savings account
O CONSUMER MATHEMATICS E Finding the time required for an investment earning compound... 0/5 De Suppose that $6000 is placed in a savings account at an annual rate of 3.5%, compounded semiannually. Assuming that no withdrawals are made, how long will it take for the account to grow to $7500? Do not round any intermediate computations, and round your answer to the nearest hundredth. If necessary, refer to the list of financial formulas. years
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
