Question: i need the months rounded exactly. it is not 12 years and 4 months. it is also not 12 years and 3.4 months. i need

i need the months rounded exactly. it is not 12 years and 4 months. it is also not 12 years and 3.4 months. i need the exact amount of months whether that answer be 3.5 months, 4.2 month, etc. it needs rounded to one decimal place as well. i need the months rounded exactly. it is not 12 years and

Return to questia How many years (and months) will it take $2 million to grow to $5.20 million with an annual interest rate of 8 percent? (Do not round intermediate calculations. Round "months" to 1 decimal place.) Answer is complete but not entirely correct. 4.0 months Period 12 years

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!