document.write( "Question 1201359: Find the time required for an investment of 5000 dollars to grow to 7100 dollars at an interest rate of 7.5 percent per year, compounded quarterly.
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document.write( "Your answer is t = ____ years \n" );
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Algebra.Com's Answer #835676 by josgarithmetic(39625)![]() ![]() ![]() You can put this solution on YOUR website! This seems to be another example of the same kind of question already answered more than once, yesterday. Study THOSE and figure out how this one works.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "For this one, can you figure what is the QUARTERLY interest rate, and how many such compounding periods are needed, and convert into years? \n" ); document.write( " |