Question
Hillary has $2,000 that she wants to invest today to grow into $17,000. She finds an investment that earns 13% with monthly compounds. How many
Hillary has $2,000 that she wants to invest today to grow into $17,000. She finds an investment that earns 13% with monthly compounds. How many years will she wait till she has the $17,000?
17.51 years
198.61 years
16.55 years
210.12 years
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The Certified Lease And Finance Professionals Handbook
Authors: Deborah Reuben, Certified Lease & Finance Professionals, Equipment Finance Industry Experts
6th Edition
171743388X, 978-1717433886
