How long will it take $4,000 to grow to $9,000 if it is invested at 7% compounded

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How long will it take $4,000 to grow to $9,000 if it is invested at 7% compounded monthly?

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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Question Posted: Mar 22, 2022 01:00 AM

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How long will it take $4,000 to grow to $9,000 if it is invested at 7% compounded

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Answer It will take approximately 82 years for 4000 to grow to 9000 if it is invested at ...View the full answer

College Mathematics For Business Economics, Life Sciences, And Social Sciences

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