A sum of $3000 is invested at a compound interest rate of 4 6 per year (a) Find the value of the investment at the end of seven years (b) The value of the investment will exceed $5000 after x full years Calculate the minimum value of x A sum of $3000 is invested at a compound interest rate of 4 6 ...

a Investment value after 7 years would be 411001 Expl ...

A sum of $3000 is invested at a compound interest rate of 4.6% per year. (a)...

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Statistics for Business Decision Making and Analysis

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A sum of $3000 is invested at a compound interest rate of 4.6% per year. (a)...

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Statistics for Business Decision Making and Analysis

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