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Mathematics, 24.10.2021 05:40 rashawnglover

Suppose that $3000 is placed in a savings account at an annual rate of 3.6%, compounded monthly. Assuming that no withdrawals are made, how long will it take for the account to grow to $4500? Do not round any intermediate computations, and round your answer to the nearest hundredth.

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Suppose that $3000 is placed in a savings account at an annual rate of 3.6%, compounded monthly. Ass...
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