Question
How long will it take for $1,000 to grow to $9,751 at a rate of 12 percent compounded per week(Note: There are 52 weeks in
How long will it take for $1,000 to grow to $9,751 at a rate of 12 percent compounded per week(Note: There are 52 weeks in a year)?
A.18.9 years
B.18.1 years
C.18.3 years
D.19.4 years
E.19.6 years
F.19.0 years
G.20.3 years
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Get StartedRecommended Textbook for
Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
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