Jim receives $15,000 each year from his grandma for his birthday - never more, never less. If
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Jim receives $15,000 each year from his grandma for his birthday - never more, never less. If he starts to invest this gift each year in an account that earns 8% annual interest, calculate how many years will it take him to grow this account to $250,000?
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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