Question: How many years will the following take? a. $ 500 to grow to $ 1,039.50 if invested at 5 percent compounded annually b. $ 35
How many years will the following take?
a. $ 500 to grow to $ 1,039.50 if invested at 5 percent compounded annually
b. $ 35 to grow to $ 53.87 if invested at 9 percent compounded annually
c. $ 100 to grow to $ 298.60 if invested at 20 percent compounded annually
d. $ 53 to grow to $ 78.76 if invested at 2 percent compounded annually
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a IY 5 PV 500000 PMT 0 FV 103950 CPT N 1... View full answer
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