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You plan to invest in bonds that pay 4.0%, compounded annually. If you invest $10,000 today, how many years will it take for your investment
You plan to invest in bonds that pay 4.0%, compounded annually. If you invest $10,000 today, how many years will it take for your investment to grow to $25,000?
| 1. | 18.08 | |
| 2. | 23.36 | |
| 3. | 17.77 | |
| 4. | 15.73 | |
| 5. | 15.41 |
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