How many years, to the nearest tenth, will be needed for $5000 to increase to $18,000 at
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How many years, to the nearest tenth, will be needed for $5000 to increase to $18,000 at 3.0% annual interest compounded (a) monthly (b) continuously?
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a Substitute P 5000 A 18000 r 003 and n 12 into the formula tn AP14 t t12 ...View the full answer
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Related Book For
College Algebra
ISBN: 978-0134697024
12th edition
Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
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