Question: This set of problems is designed to be calculated using the Excel or financial calculator. You can also use algebraic formulas. Do not use financial
This set of problems is designed to be calculated using the Excel or financial calculator. You can also use algebraic formulas. Do not use financial tables to calculate these problems.How many years will the following take?
$628 to grow to $26,875 if invested at 18.37 percent, compounded annually.
Round the answer to two decimal places.
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