Question: Your answer is incorrect. Suppose that $4000 is placed in a savings account at an annual rate of 4%, compounded quarterly. Assuming that no withdrawals

Your answer is incorrect. Suppose that $4000 is placed in a savings account at an annual rate of 4%, compounded quarterly. Assuming that no withdrawals are made, how long will it take for the account to grow to $5780? Do not round any intermediate computations, and round your answer to the nearest hundredth. oe |

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