Question: How long will it take $ 5 8 4 . 0 0 to accurmulate to $ 6 9 7 . 0 0 at 8 %

How long will it take $584.00 to accurmulate to $697.00 at 8% p.a. compounded semi-annually? State your anower in years and morlths (from 0 to 11 menths)
The investment will take year(s) and month(s) to mature.
 How long will it take $584.00 to accurmulate to $697.00 at

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!