How long will it take for a $3,000 investment to grow to $10,000 if invested at 5%

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How long will it take for a $3,000 investment to grow to $10,000 if invested at 5% interest

a. compounded annually?

b. compounded quarterly?

Related Book For answer-question

Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Jul 16, 2022 01:50 AM

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How long will it take for a $3,000 investment to grow to $10,000 if invested at 5%

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