SOLUTION: jimmy invest 18000 in an account that pays 7.27% compounded quarterly. How long(in years and months) will it take for his investment to reach 25000. Round the answer for months up

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Question 1040068: jimmy invest 18000 in an account that pays 7.27% compounded quarterly. How long(in years and months) will it take for his investment to reach 25000. Round the answer for months up to the nearest multiple of 3
I seem to be drawing a blank with this!

Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!

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