How long does it take for a $4,800 investment at 8% compounded monthly to be worth more

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How long does it take for a $4,800 investment at 8% compounded monthly to be worth more than a $5,000 investment at 5% compounded monthly?
Solve Problem using graphical approximation techniques on a graphing calculator.

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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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Question Posted: Apr 14, 2016 07:32 AM

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How long does it take for a $4,800 investment at 8% compounded monthly to be worth more

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4800 at 8 compounded monthly Value after n months 5000 at 5 ...View the full answer

College Mathematics for Business Economics Life Sciences and Social Sciences

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