jessiearmstrong2 jessiearmstrong2

31-07-2024
Mathematics

Answered

Kareem needs [tex]$4616 for a future project. He can invest $[/tex]4000 now at an annual rate of 9.8%, compounded semiannually. Assuming that no withdrawals are
made, how long will it take for him to have enough money for
his project?
Do not round any intermediate computations, and round your answer to the nearest hundredth.

Answer :

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