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Use Your Graphing Calculator to Find How Long It Will

Question 389

Multiple Choice

Use your graphing calculator to find how long it will take for $9000 invested at 3.325% per year compounded daily to triple in value. Find the answer to the nearest year. Use 365 days for a year.


A) 44,219 yr
B) 4,402,084 yr
C) 33 yr
D) 0 yr

Correct Answer:

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