Mathematics
Mathematics, 09.03.2021 01:00, khuak877

Joseph invested $89,000 in an account paying an interest rate of 6.6% compounded quarterly. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value of the account to reach $237,600?

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Joseph invested $89,000 in an account paying an interest rate of 6.6% compounded quarterly. Assuming...

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