Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If we invest $30,000 at 8%, how long until we have 400,000? Round to two decimals (nearest, not rounding up). 33.65 If we invest $30,000

If we invest $30,000 at 8%, how long until we have 400,000? Round to two decimals (nearest, not rounding up). 33.65
image text in transcribed
If we invest $30,000 at 8%, how long until we have 400,000 ? Round to two decimals (nearest, not rounding up)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Options Futures And Other Derivatives

Authors: John C. Hull

3rd Edition

0131864793, 9780306457555

More Books

Students also viewed these Finance questions

Question

calculate value of t and y if p = 1 0 1 . 3 kpa x = 0 . 8 5

Answered: 1 week ago