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You are looking at an investment that will pay $1,500 if you invest $1,100 today. You will earn 8% interest rate from this investment. How

You are looking at an investment that will pay

$1,500

if you invest

$1,100

today. You will earn

8%

interest rate from this investment. How long would it take to grow from

$1,100

to

$1,500

.\ Enter the answer with two decimals.

image text in transcribed
You are looking at an investment that will pay $1,500 if you invest $1,100 today. You will earn 8% interest rate from this investment. How long would it take to grow from $1,100 to $1,500. Enter the answer with two decimals

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