Question
How long will it take for a $4000 investment to grow to $13,492 at an annual rate of 8%, compounded semiannually? Assume that no withdrawals
How long will it take for a $4000 investment to grow to $13,492
at an annual rate of 8%, compounded semiannually? Assume that no withdrawals are made.
Do not round any intermediate computations, and round your answer to the nearest hundredth.
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Mathematical Analysis II
Authors: Claudio Canuto, Anita Tabacco
2nd Edition
3319127578, 9783319127576
