$4 comma 000 is invested at 10% compounded quarterly. In how many years will the account have grown to $10 comma 500?

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18-06-2024
Mathematics

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$4 comma 000 is invested at 10% compounded quarterly. In how many years will the account have grown to $10 comma 500?

Sagot :

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$4 comma 000 is invested at 10​% compounded quarterly. In how many years will the account have grown to $10 comma 500?

Sagot :

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$4 comma 000 is invested at 10% compounded quarterly. In how many years will the account have grown to $10 comma 500?