Suppose you deposited $3,000 in a savings account earning 3.1% interest compounding daily. How long will it

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Suppose you deposited $3,000 in a savings account earning 3.1% interest compounding daily. How long will it take for the balance to grow to $9,000? Answer in years rounded to one decimal place. (e.g., 2.4315 years

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Jun 22, 2023 06:58 AM

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Suppose you deposited $3,000 in a savings account earning 3.1% interest compounding daily. How long will it

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Principles of Finance

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