SOLUTION: Keys Company has a target of establishing a fund of $50 OOO. If $10 OOO is deposited at the end of every six months, and the fund earns interest at 4% compounded quarterly, how lon

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Question 1207419: Keys Company has a target of establishing a fund of $50 OOO. If $10 OOO is deposited at the end of every six months, and the fund earns interest at 4% compounded quarterly, how long will it take to reach the target?
Answer by ikleyn(52781) About Me  (Show Source):
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