Posted by **nesha** on Tuesday, September 28, 2010 at 11:01am.

We deposited 7,500 dollars into a savings account which pays 3.6 percent annual interest, compound quarterly.How long after the money is deposited will the account balance be 9,750 dollars?What initial deposit will generate a balance of 12000 dollars in exactly 4 years and 6 months?

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