SOLUTION: Find the time required for an investment of 5000 dollars to grow to 7100 dollars at an interest rate of 7.5 percent per year, compounded quarterly. Your answer is t= ___

SOLUTION: Find the time required for an investment of 5000 dollars to grow to 7100 dollars at an interest rate of 7.5 percent per year, compounded quarterly. Your answer is t= ____ years.

Question 1201300: Find the time required for an investment of 5000 dollars to grow to 7100 dollars at an interest rate of 7.5 percent per year, compounded quarterly.
Your answer is t= ____ years.
Answer by josgarithmetic(39621) (Show Source): You can put this solution on YOUR website!
Learn how this works using the other exercise solve a few seconds ago.
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