Question
Using either logarithms or a graphingcalculator, find the time required for the initial amount to be at least equal to the final amount. $2000, deposited
Using either logarithms or a graphingcalculator, find the time required for the initial amount to be at least equal to the final amount. $2000, deposited at 8% compounded quarterly, to reach at least $3000. The time required is ______year(s). (Type an integer or decimal rounded to the nearest hundredth asneeded.)
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The Company Valuation Playbook Invest With Confidence
Authors: Charles Sunnucks
1st Edition
1838470816, 978-1838470814
