Question:

How long will it take for a $2000 Investment to grow to

Last updated: 7/20/2022

How long will it take for a $2000 Investment to grow to

How long will it take for a $2000 Investment to grow to $3070 at an annual rate of 6.4%, compounded quarterly? Assume that no withdrawals are made. Do not round any Intermediate computations, and round your answer to the nearest hundredth.