Use the model A=Pd'or AP =Pdor 4- P(1+2) where is the future value of P dollars invested at interest rate r compounded c
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Use the model A=Pd'or AP =Pdor 4- P(1+2) where is the future value of P dollars invested at interest rate r compounded c
Use the model A=Pd'or AP =Pdor 4- P(1+2) where is the future value of P dollars invested at interest rate r compounded continuously or n times per year for I years. A $10,000 investment grows to $ 13,086,45 at 3% Interest compounded quarterly. For how long was the money invested? Round to the nearest year. The money was invested for approximately years. х
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