Question: Ali needs $7500 for a future project. He can invest $6000 now at a an annual rate of 14.5%, compound semiannually. Assuming that no withdrawals
Ali needs $7500 for a future project. He can invest $6000 now at a an annual rate of 14.5%, compound semiannually. Assuming that no withdrawals are made, how long will it take for him to have enough money for his project?
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