Hjohn22 Hjohn22

25-11-2019
Mathematics

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Jimmy invests $18,000 in an account that pays 5.85% compounded quarterly. How long (in years and months) will it take his investment to reach $25,000?

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misktagin misktagin

25-11-2019

Answer:

2 years one month

Step-by-step explanation:

making average 3g annually so I'd say 2 years 1 month

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