Find the time required for an investment of 6,000 dollars to grow to 15,000 dollars at an interest rate of 8% per year,

Question

Find the time required for an investment of 6,000 dollars to grow to 15,000 dollars at an interest rate of 8%
per year, compounded monthly. Give your answer accurate to 2 decimal places.
years.

Kunduz · Accepted Answer

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