lizzy1317 lizzy1317

09-05-2022
Mathematics

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John invests $500 in a savings account with a nominal annual interest rate of 10% compounded quarterly. How many years will it take for the investment to reach $1000? Round to the nearest tenth. If you solve this asap and correctly you are a true star ;)

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Аноним Аноним

09-05-2022

It will take 10 years for the investment to reach $1,000.

Sure hope this helps you

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