SOLUTION: Find the time required for an investment of $5000 to grow to $8000 at an interest rate of 8.5% per year, compounded quarterly.

SOLUTION: Find the time required for an investment of $5000 to grow to $8000 at an interest rate of 8.5% per year, compounded quarterly.

Algebra.Com

Question 441706: Find the time required for an investment of $5000 to grow to $8000 at an interest rate of 8.5% per year, compounded quarterly.
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!

years.
RELATED QUESTIONS
Find the time required for an investment of 5000 dallied to grow to 7300 at an interest... (answered by MathLover1,ikleyn,MathTherapy)

Find the time required for an investment of 5000 dollars to grow to 9000 dollars at an... (answered by Theo,ikleyn)

Find the time required for an investment of 5000 dollars to grow to 6200 dollars at an... (answered by sravanik2005)

Find the time required for an investment of 5000 dollars to grow to 7200 dollars at an... (answered by sravanik2005,lwsshak3)

Find the time required for an investment of 5000 dollars to grow to 8300 dollars at an... (answered by Theo,MathTherapy,ikleyn)

Find the time required for an investment of 5000 dollars to grow to 6500 dollars at an... (answered by ikleyn)

Find the time required for an investment of 5000 dollars to grow to 6500 dollars at an... (answered by ankor@dixie-net.com,MathTherapy)

Find the time required for an investment of 5000 pesos to grow to 7700 pesos at an... (answered by ikleyn)

Find the time required for an investment of 5000 dollars to grow to 7100 dollars at an... (answered by josgarithmetic)