SOLUTION: How much time will a $500 investment need to earn $100 in interest at a rate of 10% per year?
Algebra.Com
Question 343429: How much time will a $500 investment need to earn $100 in interest at a rate of 10% per year?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Depends. How often, if at all, is the interest compounded?
John
My calculator said it, I believe it, that settles it
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