Julian has been investing $1,500 at the beginning of every six months for a long time and

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Julian has been investing $1,500 at the beginning of every six months for a long time and earning 11% compounded semi-annually. His investments have now accumulated to $766,715. How long ago did he make the first $1,500 payment?

27 years ago
31 years ago
22 years ago
62 years ago
44 years ago

Related Book For answer-question

Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Posted Date: Aug 08, 2022 01:30 AM

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Julian has been investing $1,500 at the beginning of every six months for a long time and

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It can be calculated by using Excel NPER function NPER function calculates the no of periods o... View the full answer

Business Math

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