You invest $20,000 at an annual interest rate of 8%, compounded
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1) Solve for x:
2) You invest $20,000 at an annual interest rate of 8%, compounded continuously. How long does it take for your balance to grow to $100,000? Round off to the nearest year.
11 years ago
Answer for: You invest $20,000 at an annual interest rate of 8%, compounded
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