Question: (Compound value solving for n ) How many years will the following take? a. $480 to grow to $1,042.51 if invested at 9 percent compounded
(Compound value solving for n ) How many years will the following take? a. $480 to grow to $1,042.51 if invested at 9 percent compounded annually b. $39 to grow to $62.63 if invested at 7 percent compounded annually c. $95 to grow to $414.53 if invested at 12 percent compounded annually d. $56 to grow to $75.05 if invested at 5 percent compounded annually a. How many years will it take for $480 to grow to $1,042.51 if invested at 9 percent compounded annually? years (Round to the nearest whole number.) b. How many years will it take for $39 to grow to $62.63 if invested at 7 percent compounded annually? years (Round to the nearest whole number) c. How many years will it take for $95 to grow to $414.53 if invested at 12 percent compounded annually? years (Round to the nearest whole number)
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