a. Suppose you make an investment of $3,000 in an account earning 9.6% interest compounded monthly. How many years will it take

Question

a. Suppose you make an investment of $3,000 in an account earning 9.6% interest compounded
monthly. How many years will it take for your investment to grow to $125,000?
SHOW YOUR WORK IN STEPS.
(Round your answer to the nearest tenth of a year.)

Kunduz · Accepted Answer

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