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If an investor deposits 4401 into a deposit account earning 4.8% per annum, how long will it take. in years, to grow to 644278,
If an investor deposits 4401 into a deposit account earning 4.8% per annum, how long will it take. in years, to grow to 644278, if interest is paid on a monthly basis. Your answer must be given in years, correct to two places of decimal. Do not convert your answer into years & months. For example if your answer is 100 years and 3 months, enter 100.25 as your answer. Only enter a number as your answer do not include any symbols or words with your answer. Answer
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