Earnest T needs $820 for his next trip to Raleigh. He has $520 in cash. How long in years will
it take the $520 cash to grow to $820 if Earnest T earns 9.6% per annum on his cash,
compounded quarterly?

Question

06-06-2024
Business

Answered

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Earnest T needs $820 for his next trip to Raleigh. He has $520 in cash. How long in years will
it take the $520 cash to grow to $820 if Earnest T earns 9.6% per annum on his cash,
compounded quarterly?

Sagot :

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