Find the time required for an investment of 5000 dollars to grow to 6800 dollars at an interest rate of 5.5% per year, compounded quarterly. Round to the nearest year.

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Goldbones asked Jan 16, 2022

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Find the time required for an investment of 5000 dollars to grow to 6800 dollars at an interest rate of 5.5% per year, compounded quarterly. Round to the nearest year.

Mathematics
college

Goldbones asked Jan 16, 2022

by Goldbones

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Answer:

i think 6 years

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Ottis answered Jan 22, 2022

by Ottis

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