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(Related to Checkpoint 5.5) (Solving for n) How many years will it take for $500 to grow to $1,044. 16 if it's invested at 6
(Related to Checkpoint 5.5) (Solving for n) How many years will it take for $500 to grow to $1,044. 16 if it's invested at 6 percent compounded annually? The number of years it will take for $500 to grow to $1,044.16 at 6 percent compounded annually is 15 years. (Round to one decimal place.)
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