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OpenStudy (anonymous):
Tina wants to save money for school. Tina invests $400 in an account that pays an interest rate of 8%. How many years will it take for the account to reach $5,500? Round your answer to the nearest hundredth.
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OpenStudy (anonymous):
is the interest a sort of simple interest or compounded one
OpenStudy (anonymous):
It doesn't say. Sorry!
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