use the mode 4-Pe or4- (1:). where A is the future value of P dollars Invested at interest rate r compounded continuously or times per year for z years. Ir S12.000 is put aside in a money market account with interest compounded montnly at 23%, rina the time reguired tor the account to eam $3000. Round to the nearest month. Te will taike appreximately years and months for the accnunt to earn $3000.

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