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QuizMath Formula

Personal Savings and Consumer Credit: Part Two — Test

Question 9 • Advanced Financial Algebra

A customer invests $⁢30,000 in an account that compounds 4.6% interest monthly. Write an equation and use a graphing calculator to find the time in years, x , it will take for the account to reach $⁢32,885.16 Round to the nearest whole number if necessary. x= [Blank 1] years

Answer

Math Formula Answer:

2

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