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What was interest rate if maggie account doubled over course

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Question 1: Assuming biannual compounding, how long will it take Prakash's account to go from $3,988 to $5,012 if the interest rate was 4.77%?

Question 2: If compounding is yearly, what was the interest rate if Maggie's account doubled over the course of 7 years?

Question 3: How much was deposited into Larry's account if, after 4 years, 3 months, it currently sits at $10,990 from a 6.22% interest rate, assuming monthly compounding?

Question 4: Suppose there is $4,500 in a person's account after 3 years.

Question 5: Assuming simple interest, how much was deposited into the account if the interest rate was 2.1%?

Reference no: EM132461213

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