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1 vote
You currently have $3,700 (Present Value) in an account that has an interest rate of 4% per year

compounded quarterly (4 times per year). You want to withdraw all your money when it reaches
$8,510 (Future Value). In how many years will you be able to withdraw all your money?
The number of years is
Round your answer to 1 decimal place.

1 Answer

4 votes

Answer:6563.25

Explanation:

Hope this will help you

answered
User Brenden Kehren
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