After winning $80,000 on a game show, Jasmine invests the money in a fixed-rate account offering...

 

Transcribed Image Text:

After winning $80,000 on a game show, Jasmine invests the money in a fixed-rate account offering 6.2% interest compounded semiannually. How long will it take that amount to grow to $125,000? Do not round any intermediate computations. Round your final answer to two decimal places, if necessary. It will take years. X 5 After winning $80,000 on a game show, Jasmine invests the money in a fixed-rate account offering 6.2% interest compounded semiannually. How long will it take that amount to grow to $125,000? Do not round any intermediate computations. Round your final answer to two decimal places, if necessary. It will take years. X 5