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10-12-2020
Mathematics

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Lashonda needs $5164 for a future project. She can invest $4000 now at an annual rate of 9.4%, compounded quarterly. Assuming that no withdrawals are
made, how long will it take for her to have enough money for her project?
Do not round any intermediate computations, and round your answer to the nearest hundredth.

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azaelch7487 azaelch7487

10-12-2020

the answer is at least 1.5 years long because he already has $4000 dollars with no withdrawals

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