Calculate the time period of an investment in a mutual fund that matured to $68,493.24 yielding interest
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Question:
Calculate the time period of an investment in a mutual fund that matured to $68,493.24 yielding interest of $12,933.28 at 11.04% compounded monthly.
____ years ____months
Round up to the next whole month
Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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