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Using either logarithms or a graphing calculator, find the time required for the initial amount to be at least equal to the final amount.
Using either logarithms or a graphing calculator, find the time required for the initial amount to be at least equal to the final amount. $6000, deposited at 8.9% compounded monthly, to reach at least $7300 The time required is year(s) and months.
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
5th edition
1285425758, 978-1305333468, 1305333462, 978-1285425757
