How much time will be needed for $20,000 to grow to $24,635.11 if deposited at 6% compounded quarterly? The amount $20,000 will grow to $24,635.11 in 3.5 () year(s). (Do not round until the final...

How much time will be needed for $20,000 to grow to<br>$24,635.11 if deposited at 6% compounded quarterly?<br>The amount $20,000 will grow to $24,635.11 in 3.5<br>()<br>year(s).<br>(Do not round until the final answer. Then round to the<br>nearest tenth as needed.)<br>kt<br>For calculating use the formula A =P 1+<br>

Extracted text: How much time will be needed for $20,000 to grow to $24,635.11 if deposited at 6% compounded quarterly? The amount $20,000 will grow to $24,635.11 in 3.5 () year(s). (Do not round until the final answer. Then round to the nearest tenth as needed.) kt For calculating use the formula A =P 1+

Jun 05, 2022

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How much time will be needed for $20,000 to grow to $24,635.11 if deposited at 6% compounded quarterly? The amount $20,000 will grow to $24,635.11 in 3.5 () year(s). (Do not round until the final...

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