IDNLearn.com offers a comprehensive platform for finding and sharing knowledge. Get prompt and accurate answers to your questions from our community of experts who are always ready to help.
Finding the time required for an investment earning compound interest Hans needs $3000 for a future project. He can invest $2000 now at an annual rate of 10.5%, compounded quarterly. Assuming that no withdrawals are made how long will it take for him to have enough money for his project? Do not round any intermediate computations, and round your answer to the nearest hundredth. If necessary, refer to the list of financial formulas.
Sagot :
We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com is dedicated to providing accurate answers. Thank you for visiting, and see you next time for more solutions.
