Question: This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014.
This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014. Country Us Jan Germany Australia Bran 1.09 35 4.24 Yield Auming that you invest $3.000 in the United States, how long to the nearest year) must you wat before your investment is worth $17,000 if the interest is compounded annually? Need Help? PRACTICE AN 2. 1 Points DETAILS WANEFMAC7 23.042 MY NOTES ASK YOUR TEACHER this crome based on the following totle, whilst interest rates on long-term investments (based on 10 year government bond in several countries in 20141 Country Japon Germany Australia Brasil Yed LON 429 Asuming at your invest $13,000 in Japan, how long to the nearest year) must you wait before your investment is worth $18,000 if the interest is compounded annually Need Help
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