Question: (Compound value solving for n ) How many years will the following take? a. $480 to grow to $1,028.92 if invested at 10 percent compounded
(Compound value solving for n ) How many years will the following take? a. $480 to grow to $1,028.92 if invested at 10 percent compounded annually b. $38 to grow to $61.02 if invested at 7 percent compounded annually c. $120 to grow to $465.99 if invested at 11 percent compounded annually d. $55 to grow to $78.02 if invested at 6 percent compounded annually a. How many years will it take for $480 to grow to $1,028.92 if invested at 10 percent compounded annually? years (Round to the nearest whole number) b. How many years will it take for $38 to grow to $61.02 if invested at 7 percent compounded annually? years (Round to the nearest whole number) c. How many years will it take for $120 to grow to $46599 if invested at 11 percent compounded annually? years (Round to the nearest whole number) d. How many years will it take for $55 to grow to $78.02 if invested at 6 percent compounded annually? years (Round to the nearest whole number)
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