You have $5,000 toward the purchase of a boat that will cost $6,000. How long will it

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You have $5,000 toward the purchase of a boat that will cost $6,000. How long will it take the $5,000 to grow to $6,000 if it is invested at 9% compounded quarterly? (Round up to the next-higher quarter if not exact.)

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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