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16 November, 19:14

Jimmy invests $18,000 in an account that pays 5.85% compounded quarterly. How long (in years and months) will it take his investment to reach $25,000?

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  1. 16 November, 19:24
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    2 years one month

    Step-by-step explanation:

    making average 3g annually so I'd say 2 years 1 month
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