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    Exam 9: Compound Interest: Further Topics and Applications
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    A Number of Years Ago, Your Client Invested $6,000 at a Rate
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A Number of Years Ago, Your Client Invested $6,000 at a Rate

Question 296

Question 296

Short Answer

A number of years ago, your client invested $6,000 at a rate of return of 9% compounded annually. If the investment is currently worth $10,968.25, for how long has she held the investment?

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