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a principal of 3400 is invested at 6.5% interest, compounded annually. how many years will it take to accumulate 8000$ or more in the account
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a principal of 3400 is invested at 6.5% interest, compounded annually. how many years will it take to accumulate 8000$ or more in the account

User Veniece
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5 votes

Answer:

It will take him 14 years to accumulate $8000 or more.

User Trevor F
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