Question: Homework: Unit 3 Homework (Use Excel for Assistance) Score: 0 of 1 pt 9 of 24 (5 complete) 3.2.53 How many years will it take
Homework: Unit 3 Homework (Use Excel for Assistance) Score: 0 of 1 pt 9 of 24 (5 complete) 3.2.53 How many years will it take for an initial investment of $40,000 to grow to $60,000? Assume a rate of interest of 19% compounded continuously It will tike aboutyears for the investment to grow to $60,000. (Round to two decimal places as needed)
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