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Mathematics, 08.12.2021 20:10 patience233
A person invests 8000 dollars in a bank. The bank pays 6.75% interest
compounded quarterly. To the nearest tenth of a year, how long must
the person leave the money in the bank until it reaches 10500 dollars?
r
A = P(1 + -)nt
1+
n
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Answers: 3
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A person invests 8000 dollars in a bank. The bank pays 6.75% interest
compounded quarterly. To the...
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