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Mathematics 7 Online
OpenStudy (anonymous):

Carrie deposited $5,288.73 into a savings account with an interest rate of 2.3% compounded quarterly. About how long will it take for the account to be worth $8,000?

OpenStudy (anonymous):

I got 18 years, but how many months?

OpenStudy (anonymous):

This is what I got for an answer: 18.04574388

OpenStudy (anonymous):

With that number I have to find the month(s).

OpenStudy (anonymous):

|dw:1363034154772:dw|

OpenStudy (anonymous):

Do you want me to help yhu?

OpenStudy (anonymous):

That would be great.

OpenStudy (anonymous):

okay..just a sec.

OpenStudy (anonymous):

Okay, thanks.

OpenStudy (anonymous):

I believe you take $5,288.73 and divide it by 2.3% then subtract it from 8000

OpenStudy (anonymous):

No that is wrong. I know that much.

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