SOLUTION: How much time will a $500 investment need to earn $100 in interest at a rate of 10% per year?

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Question 343429: How much time will a $500 investment need to earn $100 in interest at a rate of 10% per year?
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


Depends. How often, if at all, is the interest compounded?

John

My calculator said it, I believe it, that settles it