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  • 4 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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  1. Chlorophyll
    • 4 years ago
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    Apply compound interest formula with r/4 and 4*t

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