kurtza1297

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17 years, 219 days

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These are questions asked by kurtza1297

Jacob places $20 a week into an annuity to by a new boat. He receives 6% APR and saves for 10 years. How much money did he save up to spend on his new boat?
The two different investment offers: 6% compounded yearly, or 5.85% compounded weekly. Find the APR for each and determine which is a better investment.
There's initially 16 ants in the ant farm and 2 months later there were 24 ants. The box says the farm can hold a total of 1000 ants. Find the equation and determine when there will be 750 ants.
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