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Chena804
 3 years ago
Compound and Continuous Interest.Please show steps.
Bill wants to grow his $75,000 inheritance to $100,000 before spending any of it. How long will this take if the bank is offering 5.2% annual interest compounded quarterly?
Chena804
 3 years ago
Compound and Continuous Interest.Please show steps. Bill wants to grow his $75,000 inheritance to $100,000 before spending any of it. How long will this take if the bank is offering 5.2% annual interest compounded quarterly?

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Chlorophyll
 3 years ago
Best ResponseYou've already chosen the best response.0Apply compound interest formula with r/4 and 4*t
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