4-13. How long does it take to become a millionaire? A $100,000 investment will hit $1 million...

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4-13. How long does it take to become a millionaire? A $100,000 investment will hit $1 million in 37 years at an annual interest rate of 6.42%. How long will it take to become a millionaire if the annual interest rate increases to 7.46%? (4.6.4)

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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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