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Really stuck on this problem, any help is greatly appreciated A man invests $4000 in an account that pays 8.5% interest per year, compounded
Really stuck on this problem, any help is greatly appreciated
$40008.5%
(a) Find the amount after 2 years? (Round your answer to the nearest cent.)
(b) How long will it take for the investment to double? (Round your answer to two decimal places.)
yr