4 The rate of compound interest is 7.5%. How long will it take for an investment of $4500 to
be worth more than $7000?

Please use the compound interest formula for IGCSE:
[tex]p(1 + \frac{r}{100} ) {}^{t} [/tex]

Question

01-05-2021
Mathematics

Answered

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4 The rate of compound interest is 7.5%. How long will it take for an investment of $4500 to
be worth more than $7000?

Please use the compound interest formula for IGCSE:
[tex]p(1 + \frac{r}{100} ) {}^{t} [/tex]

Sagot :

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