jonestheproblem5612 jonestheproblem5612

15-02-2024
Mathematics

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Suppose $6000 is placed in a savings account at an annual rate of 9.8%, compounded semiannually. How long does it take for the account to grow to $9228? Choose the correct option:
A) 1 year
B) 2 years
C) 3 years
D) 4 years

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