Trinh has decided to save money to buy a new computer. She invests $600 in an account
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Question:
Trinh has decided to save money to buy a new computer. She invests $600 in an account that earns 5% per year, compounded quarterly. Determine how long she needs to invest her money to have $1000 by using the equation 1000 = 600(1.0125)^n , where n is measured in quarters of a year (three-month increments).
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