Redmondwllc2490 Redmondwllc2490
  • 20-12-2022
  • Mathematics
contestada

Sophie invested $93,000 in an account paying an interest rate of 5. 6% compounded

quarterly. Assuming no deposits or withdrawals are made, how long would it take, to

the nearest year, for the value of the account to reach $170,500?

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