SOLUTION: Briana invested $12,5000 into a fund that is expected to grow by 5.25% per year. How long with it take the fund to be worth $25,000? Round to the nearest year.
Algebra ->
Finance
-> SOLUTION: Briana invested $12,5000 into a fund that is expected to grow by 5.25% per year. How long with it take the fund to be worth $25,000? Round to the nearest year.
Log On
Question 1105968: Briana invested $12,5000 into a fund that is expected to grow by 5.25% per year. How long with it take the fund to be worth $25,000? Round to the nearest year. Answer by ikleyn(52781) (Show Source):
You can put this solution on YOUR website! .
In problems like this, the condition must say whether the account is the SIMPLE or the COMPOUND interest.
