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You are going to deposit $600 in a bank CD today, and you will withdraw the money only once the balance is $1,000. If the

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You are going to deposit $600 in a bank CD today, and you will withdraw the money only once the balance is $1,000. If the bank pays 5 percent interest, how long will it take for the balance to reach $1,000 ? (Round intermediate calculations to 4 decimal ploces, es. 2.5125 and final answer to 1 decimal ploce, es. 2.2.) Balance will reacti $1.000 in years

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