Jess and Oscar have $200,000 to invest in a savings account that pays 2.875% interest compounded quarterly. How many years will it take for the account to earn $30,000 in interest? Round your answer to

Nullpotent asked Nov 23, 2022

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Nullpotent asked Nov 23, 2022

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4 votes

Answer:

It would approximately 4.9 years.

Melodic answered Nov 27, 2022

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