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QUESTION 20 Assume that you have $1750 in a savings account. The money is earning 6% per year, compounded quarterly. How many years will it
QUESTION 20
Assume that you have $1750 in a savings account. The money is earning 6% per year, compounded quarterly. How many years will it take for your money to triple?
A. | approximately 74 | |
B. | approximately 18 | |
C. | approximately 37 | |
D. | approximately 22 | |
E. | none of the above |
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