You need GH₵ 5000 for a project. If you have GH₵ 2300 in an investment account paying 15%, how long must you wait to realize this goal? If on the other hand you can wait for 10 years to realize the amount, what is the minimum interest rate that will get you there?

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To calculate the time required to reach the goal of GH 5000 with the GH 2300 investment account earn... View the full answer