Lamar invested $50,000 in an RRSP that was earning 4.52% compounded semi-annually. How long did it take
Question:
Lamar invested $50,000 in an RRSP that was earning 4.52% compounded semi-annually. How long did it take for this investment to grow to at least $60,000?
AppendixLO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
Question Posted: