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Mathematics, 13.01.2021 23:50 tfracciscoramon

An initial investment of $1000 grows at an interest rate of 4% per year. How long will it take that investment to reach $1,500? Assume that you make no further deposits or withdrawals from the investment account. Round to the nearest tenth of a year.

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An initial investment of $1000 grows at an interest rate of 4% per year. How long will it take that...
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