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Solving for Number of Compounding Periods Lawren plans to invest $10,000 today. Assuming that the investment earns 8% compounded quarterly, how many quarters must Lawren

Solving for Number of Compounding Periods

Lawren plans to invest $10,000 today. Assuming that the investment earns 8% compounded quarterly, how many quarters must Lawren invest the amount to achieve a goal of $15,000?

Enter the answer rounded to one digit after the decimal; for example, enter 1.4 for 1.44 or 1.5 for 1.45.

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