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Home Q & A Board Science-Related Homework Help Mathematics
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Lettucebereal Lettucebereal
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3 months ago
If money is worth 5% compounded quarterly, how long (to the nearest day) before an investment of $2,000 grows to $2,600? For the purpose of determining the number of days in a partial calendar quarter, assume that a full quarter has 91 days.

▸ 5 years, 3 months and 23 days

▸ 5 years, 9 months and 11 days

▸ 5 years, 6 months and 11 days

▸ 5 years, 3 months and 21 days

▸ 5 years, 3 months and 11 days
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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mnnewmanmnnewman
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3 months ago
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5 years, 3 months and 11 days
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Lettucebereal Author
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3 months ago
Brilliant ツ
Hellish Lover
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
africa143
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2 hours ago
You make an excellent tutor!
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