## Grace invested $7,000 in an account paying an interest rate of 4.7% compounded quarterly. Assuming no deposits or withdrawals are made Question Grace invested$7,000 in an account paying an interest rate of 4.7% compounded
quarterly. Assuming no deposits or withdrawals are made, how long would it take, to
the nearest tenth of a year, for the value of the account to reach \$11,870?

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5 months 2021-09-04T07:56:27+00:00 1 Answers 4 views 0

## Answers ( )

1. Answer:

11.3

Step-by-step explanation: