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Suppose you deposit $5,000 into an account earning 4.75 percent interest, compounded monthly. How many years (rounded to one decimal place for example, 32.1843 year
Suppose you deposit $5,000 into an account earning 4.75 percent interest, compounded monthly. How many years (rounded to one decimal place for example, 32.1843 year = 32.2) will it take for your account to triple?
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