Question
Find the time required for an investment of 6,000 dollars to grow to 15,000 dollars at an interest rate of 8% per year, compounded
Find the time required for an investment of 6,000 dollars to grow to 15,000 dollars at an interest rate of 8% per year, compounded monthly. Give your answer accurate to 2 decimal places. years.
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College Algebra With Modeling And Visualization
Authors: Gary Rockswold
6th Edition
0134418042, 978-0134418049
