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Math Compound Interest Help for BEST ANSWER?
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<blockquote data-quote="StevenCruz" data-source="post: 2304515" data-attributes="member: 803211"><p>How long would it take $5,000 to grow to $7,000 if it is invested at 6% quarterly? I know you have to use the equation A=p(1+ i)^n and have to use Logs but I get lost in doing this problem. Any help please.</p></blockquote><p></p>
[QUOTE="StevenCruz, post: 2304515, member: 803211"] How long would it take $5,000 to grow to $7,000 if it is invested at 6% quarterly? I know you have to use the equation A=p(1+ i)^n and have to use Logs but I get lost in doing this problem. Any help please. [/QUOTE]
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