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Mathematics 15 Online
OpenStudy (anonymous):

Oliver's grandfather invested $150 at 5% interest compounded quarterly. When Oliver inherited it, the amount was $6000. For how many years had the $150 been invested?

OpenStudy (anonymous):

6000=150(1+0.05)^x4

OpenStudy (anonymous):

|dw:1329274716934:dw| 19 years

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