A couple needs $24,406.90 as a down payment for a home. If they invested the $9,000.00 they

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A couple needs $24,406.90 as a down payment for a home. If they invested the $9,000.00 they have at 7% compounded semi-annual, how long will it take for the money to grow into $24,406.90? It will take how many years? (If needed, round your answer to 1 decimal place.)

Posted Date: May 19, 2024 10:16 PM

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A couple needs $24,406.90 as a down payment for a home. If they invested the $9,000.00 they

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