An investment earns 12% annual compound interest. The investment is made for 100 years and then...
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An investment earns 12% annual compound interest. The investment is made for 100 years and then withdrawn. What percentage of the investment's total growth occurred in years 26-75 (the middle 50 years of the investment)? Enter as: X.XX An investment earns 12% annual compound interest. The investment is made for 100 years and then withdrawn. What percentage of the investment's total growth occurred in years 26-75 (the middle 50 years of the investment)? Enter as: X.XX
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SOLUTION To calculate the percentage of the investments total growth that occurred in years 2675 we first need to calculate the total growth of the in... View the full answer
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