2. The growth of a quantity is defined by the formula Q(:) = Que' where 90 is the initial quantity. What is the value of I when the quantity is
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2. The growth of a quantity is defined by the formula Q(:) = Que“ where 90 is the initial quantity.
What is the value of I when the quantity is doubled? 3. Maggie plans to deposit $1001} into an investment account. She is not sure if she should deposit the money in a yearly compounded account or in a monthly compounded account1 both offering the same
APR. What would you advise Maggie?

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