You deposit $460 in an account earning 6.4% interest compounded quarterly.1) What value would the...
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You deposit $460 in an account earning 6.4% interest compounded quarterly.1) What value would the investment reach after 22 years?A dollars.Use the Compound Interest formula and your calculator, and round your answer tothe nearest whole dollar.How many years would it take the investment to reach $ 1100?Round your answer to the nearest tenth.A years.
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