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A person invests $450 in an account that earns 4.75% annual interest compounded semiannually. Find when the value of the investment reaches $5,725. If necessary, round to the ne…

A person invests $450 in an account that earns 4.75% annual interest compounded semiannually. Find when the value of the investment reaches $5,725. If necessary, round to the ne…
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A person invests $450 in an account that earns 4.75% annual interest compounded semiannually. Find when the value of the investment reaches $5,725. If necessary, round to the nearest year.

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User Digiguru
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It will you a person 54 years for $450 to reach the goal of $5,725 with an APR 4.75% and interest compounded semi-annually.
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User Johnathan Barclay
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User Marcee
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Marcee asked Oct 16, 2024
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