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3400 dollars is placed in an account with an annual interest rate of 5.25%. To the nearest year, how long will it take for the account value to teach 10800 dollars
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45 votes
45 votes
3400 dollars is placed in an account with an annual interest rate of 5.25%. To the nearest year, how long will it take for the account value to teach 10800 dollars

User Shijith
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1 Answer

7 votes
7 votes

Answer:

23 years.

Explanation:

User Aditya Garimella
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