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A person invests 5000 dollars in a bank. The bank pays 4.25% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 10200 dollars?
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Aug 10, 2022
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A person invests 5000 dollars in a bank. The bank pays 4.25% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 10200 dollars?
Mathematics
high-school
RuBiCK
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Answer:
Explanation:
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Aug 11, 2022
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Answer:16.9
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Aug 15, 2022
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