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How long does it take for the balance to reach given euros

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Reference no: EM131567055

Qusetion: (a) An amount of 2000 euros is invested at 7% per year. What is the balance in the account after (i) 2 years; (ii) 10 years?

(b) How long does it take (approximately) for the balance to reach 6000 euros?

Reference no: EM131567055

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