If $25,000 is invested at 8% compounded quarterly, how long (in quarters) will it be before it grows to $35,000? (Round your answer to one decimal place.)

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
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If $25,000 is invested at 8% compounded quarterly, how long (in quarters) will it be before it grows to $35,000? (Round your answer to one decimal place.)
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