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$Old$ April 22nd, 2009, 04:42 PM

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$Exclamation$ exponential functions

A GIC pays 6% per annum. How long would it take $3000 to grow to $6000?

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$Old$ April 22nd, 2009, 04:56 PM

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A GIC pays 6% per annum. How long would it take $3000 to grow to $6000?

How far have you got already? You can use the compound growth formula to answer this one

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