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Mathematics, 26.04.2021 21:00 81074

Compound interest formula: alt="V (t) = P (1 + StartFraction r Over n EndFraction) Superscript n t" How long does it take to double a $1,000 investment that pays 6.5% annual interest, compounded monthly?
Which equation can you use to solve this problem?

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Compound interest formula: alt="V (t) = P (1 + StartFraction r Over n EndFraction) Superscript n t"...

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