Question: How long will it take $300 to accumulate to $800 at j12=7% ? Assume that the practical method of accumulation is in effect. (Be sure

How long will it take $300 to accumulate to $800 at j12=7% ? Assume that the practical method of accumulation is in effect. (Be sure to use linear interpolation.) Answer: years, months and days Note: Carry four decimal places through all calculations. Your answers should be integers

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