Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

You currently have $3,500 (Present Value) in an account that has an interest rate of 4% per year compounded quarterly (4 times per year). You want to withdraw all your money when it reaches $7,700 (Future Value). In how many years will you be able to withdraw all your money?

Sagot :