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Julian has been investing $1,500 at the beginning of every six months for a long time and earning 11% compounded semi-annually. His investments have now
Julian has been investing $1,500 at the beginning of every six months for a long time and earning 11% compounded semi-annually. His investments have now accumulated to $766,715. How long ago did he make the first $1,500 payment?
- 27 years ago
- 31 years ago
- 22 years ago
- 62 years ago
- 44 years ago
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It can be calculated by using Excel NPER function NPER function calculates the no of periods o...
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
