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Q10 Q4 How long will it take for an investment to grow from $1,500 to $3,000 if it earns 6.07% compounded quarterly? Express your answer

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Q4
How long will it take for an investment to grow from $1,500 to $3,000 if it earns 6.07% compounded quarterly? Express your answer in years rounded to 2 decimal places. Your Answer: Calculate the monthly compounded rate (j12 ) equivalent to a semi-annually compounded rate of 10.65%(j2) Express your answer as a percent rounded to 2 decimal places. Your

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