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Suppose you invest $322 into your bank account. How long will it take your bank account to reach $1000, under each of the following

Suppose you invest $322 into your bank account. How long will it take your bank account to reach $1000, under each of the following different situations? (a) Your bank compounds interest annually at an annual rate of 3%. (b) Your bank compounds interest monthly at an annual rate of 3%. (c) Your bank compounds interest daily at an annual rate of 3%. (d) Your bank compounds interest continuously at an annual rate of 3%. Suppose you invest $322 into your bank account. How long will it take your bank account to reach $1000, under each of the following different situations? (a) Your bank compounds interest annually at an annual rate of 3%. (b) Your bank compounds interest monthly at an annual rate of 3%. (c) Your bank compounds interest daily at an annual rate of 3%. (d) Your bank compounds interest continuously at an annual rate of 3%.

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