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The compound interest formula states that if P dollars are invested at an annual rate of ri compounded n times per year, then A, the

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The compound interest formula states that if P dollars are invested at an annual rate of ri compounded n times per year, then A, the amount of money present after t years, is given by = P formula, determine how long, will take for $3,500 to double if it is invested at 7.5 9 1 quarterly compounded. Round answer in years to 2 decimal places

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