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Current Attempt in Progress John Howard has been offered the opportunity of investing $41.209 now. The investment will earn 4% per year and at the
Current Attempt in Progress John Howard has been offered the opportunity of investing $41.209 now. The investment will earn 4% per year and at the end of that time will return John $61,000. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How many years must John wait to receive $61,000? (Hint: Use Table 3.) (Round answer to 0 decimal places, e.g. 25.) John must wait years Save for Later Attempts: 0 of 1 used Submit
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