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A savings account deposit of $150 is to earn 6.5% interest. After how many years will the investment be worth $450? Round to the nearest tenth.
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by Fang at April 02, 2010

We just took a take-home quiz on this chapter, and truthfully, take-home quiz is way much harder than regular ones.So yeah, all help will be appreciated.

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What kind of compounding does the account have? yearly, monthly, continuously? You need that information to finish the problem.

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Nancy095 April 02, 2010

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A savings account deposit of $150 is to earn 6.5% interest. After how many years will the investment be worth $450? Round to the nearest tenth. ⚑ Flag

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A savings account deposit of $150 is to earn 6.5% interest. After how many years will the investment be worth $450? Round to the nearest tenth.
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