QUESTION 25 In an account Madie Abercombie currently has $224,510.00. At a rate of 8.00% how...
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QUESTION 25 In an account Madie Abercombie currently has $224,510.00. At a rate of 8.00% how long will it take for them to have $282,980.00 assuming monthly compounding? (Hint: compute the exact years, do not use rule of 70/72) Oa. 2.90 years b. 34.83 years c. 0.25 years Od. 3.01 years QUESTION 25 In an account Madie Abercombie currently has $224,510.00. At a rate of 8.00% how long will it take for them to have $282,980.00 assuming monthly compounding? (Hint: compute the exact years, do not use rule of 70/72) Oa. 2.90 years b. 34.83 years c. 0.25 years Od. 3.01 years
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