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Joe deposited $5000 into an account with a 5.2% annual interest rate, compounded quarterly. Assuming that no withdrawals are made, how long wi the investment to grow to $6500?

Joe deposited $5000 into an account with a 5.2% annual interest rate, compounded quarterly. Assuming that no withdrawals are made, how long wi the investment to grow to $6500?
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Joe deposited $5000 into an account with a 5.2% annual interest rate, compounded quarterly. Assuming that no withdrawals are made, how long wi

the investment to grow to $6500?

asked
User Jeha
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8.2k points

1 Answer

3 votes
Then they got more %mike 35%more
answered
User Vicki
by
7.8k points
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