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Mathematics, 24.12.2021 21:20 andrwisawesome0

A principal of $1600 is invested at 8.75% interest, compounded annually. How many years will it take to accumulate $4000 or more in the account? (Use the calculator provided if necessary.)

Write the smallest possible whole number answer.

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Answers: 3

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A principal of $1600 is invested at 8.75% interest, compounded annually. How many years will it take...
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