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Mathematics, 04.11.2020 18:00 smokeoutkitten

Select the correct answer. Karishma deposits $350 in a savings account with an interest rate of 5% compounded twice per year. She knows that she should use the compound interest formula for this situation, where is the initial deposit, r is the interest rate, n is the number of times the interest is compounded per year, and t is the number of years. Which equation could she use to calculate the number of years it will take the value of the account to reach $700?

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