Question: How long does it take for a $4,800 investment at 8% compounded monthly to be worth more than a $5,000 investment at 5% compounded monthly?
How long does it take for a $4,800 investment at 8% compounded monthly to be worth more than a $5,000 investment at 5% compounded monthly?
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4800 at 8 compounded monthly Value after n months 5000 at 5 ... View full answer
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