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0.06) 121 At the end of t years, the future value of an investment of $44,500 in an account that pays 6% compounded monthly is S=44,500 dollars. For what time period (in years) will the future value of the investment be more than 12 $109,207? The investment will be worth more than $109,207 in years. (Type a whole number.)

0.06) 121 At the end of t years, the future value of an investment of $44,500 in an account that pays 6% compounded monthly is S=44,500 dollars. For what time period (in years) will the future value of the investment be more than 12 $109,207? The investment will be worth more than $109,207 in years. (Type a whole number.)

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Quiz. This Quiz: 13 pts possibl 9 of 13 (0 complete) v This Question: 1 pt 12t 0.06 dollars. For what time period (in years) will the future value of the investment be more than 12 At the end of t years, the future value of an investment of $44,500 in an account that pays 6% compounded monthly is S= 44,500 $109,207? The investment will be worth more than $109,207 in years. (Type a whole number.) Enter your answer in the answer box. (? G Search or type URL @ & 3 4 5 7 8 9 W E Y P
Transcribed Image Text:Quiz. This Quiz: 13 pts possibl 9 of 13 (0 complete) v This Question: 1 pt 12t 0.06 dollars. For what time period (in years) will the future value of the investment be more than 12 At the end of t years, the future value of an investment of $44,500 in an account that pays 6% compounded monthly is S= 44,500 $109,207? The investment will be worth more than $109,207 in years. (Type a whole number.) Enter your answer in the answer box. (? G Search or type URL @ & 3 4 5 7 8 9 W E Y P
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