Question: 22. An account was opened with 1,000 at an average annual rate of 4%. How many years would it take for the account to be

 22. An account was opened with 1,000 at an average annual

22. An account was opened with 1,000 at an average annual rate of 4%. How many years would it take for the account to be worht 25,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!