Davies Christensen
08/12/2024 · Middle School
You currently have \( \$ 5,300 \) in an account that has an interest rate of \( 4.5 \% \) per year compounded annually. You want to withdraw all your money when it reaches \( \$ 13,250 \). In how many years will you be able to withdraw all your money? Round your answer to nearest hundreth. Question Help: Message instructor Check Answer
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It will take approximately 20.82 years to withdraw all your money.
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