Question: How long will it take for a $2000 investment to grow to $3500 at an annual rate of 8.5%,compounded quarterly? Assume that no withdrawals are
How long will it take for a $2000 investment to grow to $3500 at an annual rate of 8.5%,compounded quarterly? Assume that no withdrawals are made. Do not round any intermediate computations, and round your answer to the nearest hundredth.
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