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OpenStudy (anonymous):
if you invest $2000 in an account that earns 4.75% interest compounded annually. how many years will it take for the amount to reach $4500?
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OpenStudy (anonymous):
using the formla A= P (1 + (r/n) ^nt with the final amount p the principal and n is determined how the intrest is compounded annually and t is the time in years.
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