document.write( "Question 1196857: Find the time required for an investment of 5000 dallied to grow to 7300 at an interest rate of 7.5 percent per year, compounded quarterly
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Algebra.Com's Answer #829913 by MathTherapy(10552) $\"\"$ $\"About$

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Find the time required for an investment of 5000 dallied to grow to 7300 at an interest rate of 7.5 percent per year, compounded quarterly
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In years, it's 5.09297724, or about 5 years, 1.116 months. However, this needs to be ROUNDED UP to the next\r\n" );
document.write( "compounding period which is  or 5 years, 3 months, or in quarters: 5(4) + 1 = 21.\r\n" );
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document.write( "The other person who responded doesn't know any better and that's why she makes a mess of most of the problmes she responds to,\r\n" );
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document.write( "and never, ever makes an effort to correct herself. Maybe she feels she doesn't need to, because she knows it all! Who knows!!

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