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28-03-2018
Mathematics

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A person invests $450 in an account that earns 4.75% annual interest compounded semiannually. Find when the value of the investment reaches $5,725. If necessary, round to the nearest year.

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zrh2sfo zrh2sfo

28-03-2018

It will you a person 54 years for $450 to reach the goal of $5,725 with an APR 4.75% and interest compounded semi-annually.

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