Melissa Stewart a professional tennis player just received a bonus of 800000 for signing to sponsor an advertising campaign for a line of tennis products Her plan is to invest this payment in a fund that will earn 4 compounded annually If Ms Stewart plans to establish the Stewart Foundation once the fund grows to 1184192 how many years will it take until she can establish

Answer rating: 100% (QA)

FORMULA Of COMPUUND INTEREET nt where A Amant ... View the full answer