Dante deposited $2000 into an account with a 6% annual interest rate, compounded semiannually. Assuming that no withdrawals are made, how long will it take for the investment to grow to $3000? Do not...

Dante deposited $2000 into an account with a 6% annual interest rate, compounded semiannually. Assuming that no withdrawals are made, how long will it take for the investment to grow to $3000 ? Do not round any intermediate computations, and round your answer to the nearest hundredth. ________ yearsDante deposited $2000 into an account with a 6% annual interest rate, compounded semiannually. Assuming that no<br>withdrawals are made, how long will it take for the investment to grow to $3000? Do not round any intermediate computations,<br>and round your answer to the nearest hundredth.<br>If necessary, refer to the list of financial formulas.<br>I years<br>?<br>

Extracted text: Dante deposited $2000 into an account with a 6% annual interest rate, compounded semiannually. Assuming that no withdrawals are made, how long will it take for the investment to grow to $3000? Do not round any intermediate computations, and round your answer to the nearest hundredth. If necessary, refer to the list of financial formulas. I years ?

Jun 04, 2022
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