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  3. tammy deposited $3000 into an account with a 5.6%

Tammy deposited $3000 into an account with a 5.6% annual interest rate, compounded semiannually. Assuming...

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Basic Math

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Tammy deposited $3000 into an account with a 5.6% annual interest rate, compounded semiannually. Assuming that no withdrawals are made, how long will it take for the Investment to grow to $45397 Do not round any intermediate computations, and round your answer to the nearest hundredth.

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