4 The rate of compound interest is 7.5%. How long will it take for an investment of $4500 to be worth more than $7000? Please use the compound interest formula for IGCSE: p(1 + (r)/(100) ) {}^(t)

4 The rate of compound interest is 7.5%. How long will it take for an investment of $4500 to

be worth more than $7000?

Please use the compound interest formula for IGCSE:

$p(1 + (r)/(100) ) {}^(t)$

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4 The rate of compound interest is 7.5%. How long will it take for an investment of $4500 to be worth more than $7000? Please use the compound interest formula for IGCSE: p(1 + …

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