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Business, 10.03.2020 08:14 jrff3262

If you open a savings account that earns 6.5% simple interest per year, what is the minimum num- ber of years you must wait to triple your balance? Suppose you open another account that earns 6% interest compounded yearly. How many years will it take now to triple your balance?

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If you open a savings account that earns 6.5% simple interest per year, what is the minimum num- ber...
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