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Calculating the Number of Periods

You can earn .40 percent per month at your bank.

If you deposit $2,300, how long must you wait until your account has grown to $4,000? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Number of months

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92408662

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