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Isabelle invests $4350 at 7.6% a compounded quarterly. Find, how long will it take for her investment to grow to $ 10 000?
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Isabelle invests $4350 at 7.6% a compounded quarterly. Find, how long will it take for her investment to grow to $ 10 000?

User Logixplayer
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1 Answer

6 votes

Answer:

12 Quarters (or 3 Years)

Explanation:

Well, really, it's a little less... I have attached a spreadsheet with my calculations for your review...

Isabelle invests $4350 at 7.6% a compounded quarterly. Find, how long will it take-example-1
User Adam Richardson
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