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19 October, 21:43

How long will it take for $5,000 to grow to $15,000 at 6% annual interest? State your answer in years (rounded to the nearest tenth of a year, meaning 3.12 years would be entered as 3.1 for example). Note: You could consider using Excel functions for this problem.

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  1. 19 October, 23:41
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    2.4 years
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