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Suppose you invest $ 4 , 0 0 0 in an account that pays 8 . 2 5 % interest per year, compounded quarterly. (

Suppose you invest $4,000 in an account that pays 8.25% interest per year, compounded quarterly.
(a) Find the amount (in $) after 2 years. (Round your answer to the nearest cent.)
q
(b) How long (in yr) will it take for the investment to triple? (Round your answer to two decimal places.)
yr
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