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  3. a. suppose you make an investment of $3,000 in an

a. Suppose you make an investment of $3,000 in an account earning 9.6% interest compoundedmonthly....

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Basic Math

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a. Suppose you make an investment of $3,000 in an account earning 9.6% interest compoundedmonthly. How many years will it take for your investment to grow to $125,000?SHOW YOUR WORK IN STEPS.(Round your answer to the nearest tenth of a year.)

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