Question
How long will it take $15,000 to grow to $18,000 if the investment earns interest at the rate of 5%/year compounded monthly? (Round your answer
How long will it take $15,000 to grow to $18,000 if the investment earns interest at the rate of 5%/year compounded monthly? (Round your answer to one decimal place.)
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Bayesian Data Analysis
Authors: Andrew Gelman, John B Carlin, Hal S Stern, David B Dunson, Aki Vehtari, Donald B Rubin
3rd Edition
1439898200, 9781439898208
