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30-06-2020
Mathematics

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A principal of $4700 is invested at 3% interest, compounded annually. How many years will it take to accumulate $6000 or more in the account? (Use the calculator provided if necessary.) Write the smallest possible whole number answer.

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chikilinlove chikilinlove

30-06-2020

9 years because if you do 4700 * 1.03= 4831 now do that 9 times you get 6,132.43

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