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Use graphical approximation techniques to answer the question. When would an ordinary annuity consisting of quarterly payments of $ 4 3 0 . 2 0
Use graphical approximation techniques to answer the question. When would an ordinary annuity consisting of quarterly payments of $ at compounded quarterly be worth more than a principal of $ invested at simple interest?
The annuity would be worth more than the principal in approximately years. Round to one decimal place as needed.
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