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Mathematics, 22.05.2020 08:59 animationfusion

Sophie invests $600 into an account that earns 6.02% interest compounded quarterly.

a.) Determine Sophie’s balance after 5 years.

b.) When will Sophie’s investment double? Express your answer in years and months.

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Sophie invests $600 into an account that earns 6.02% interest compounded quarterly.

a.)...

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