Question: * Use formula from the formula sheet. ROR % = ( current value of portfolio - previous value of portfolio ) / ( previous value

*Use formula from the formula sheet. ROR %=(current value of portfolio - previous value of portfolio)/(previous value of portfolio)100
Question 8(1 point)
Khaled is planning to buy a new piano. He intends to spend no more than $8000. He has $6250 to invest in an account that pays 4.6%, compounded annually. How long will it take Khaled to meet his goal?
*Use formula from the formula sheet. ROR %=(current value of portfolio

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