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Suppose that $65,000 is invested at 42% interest, compounded quarterly. a) Find the function for the amount to which the investment grows after t
Suppose that $65,000 is invested at 42% interest, compounded quarterly. a) Find the function for the amount to which the investment grows after t years. b) Graph the function. c) Find the amount of money in the account at t = 0, 2, 8, and 10 years. d) When will the amount of money in the account reach $100,000?
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