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How long will take for the account to be worth

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Problem 1: Opal deposited $2,925.90 into a savings account with an interest rate of 3.9% compounded twice a year. About how long will it take for the account to be worth $6,000?

1) 18 years, 10 months

2) 26 years, 4 months

3) 18 years, 8 months

4) 64 years, 1 month

Reference no: EM132773165

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