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thanks 14 Number of years to equal future amount For each of the following cases, determine the number of years it will take for the
thanks 14
Number of years to equal future amount For each of the following cases, determine the number of years it will take for the initial deposit to grow to equal the future amount at the given interest rate. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Case O B Initial deposit Future amount $300 $1,000 12,000 15,000 9,000 20,000 100 500 7,500 30,000 Interest rate 7% 5 10 9 15 D E The number of years for this investment, n, for case Ais years. (Round to two decimal places.) The number of years for this investment, n, for case B is years. (Round to two decimal places.) The number of years for this investment, n, for case Cis years. (Round to two decimal places.) The number of years for this investment, n, for case D is years. (Round to two decimal places.) The number of years for this investment, n, for case Eis years. (Round to two decimal places.)Step by Step Solution
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