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February 13, 2016

Homework Help: Algebra

Posted by Roger on Friday, December 3, 2010 at 10:48am.

Please Help.
How long, to the nearest tenth of a year, will it take $12,500 to grow to $20,000 at 6.5% annual interest compounded quartely? (Use the formula for compound interest with n compoundings per year to solve for t.)

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