Mathematics, 10.03.2022 18:10 mikaelalcool49

Suppose that $2500 is placed in a savings account at an annual rate of 3.2%, compounded quarterly. Assuming that no withdrawals are made, how long will it take for the account to grow to $3000? Do not round any intermediate computations, and round your answer to the nearest hundredth.

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Suppose that $2500 is placed in a savings account at an annual rate of 3.2%, compounded quarterly. A...

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