SOLUTION: How long will it take me to become a millionaire if I invest $300,000 at 6.2% interest?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: How long will it take me to become a millionaire if I invest $300,000 at 6.2% interest?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 840285: How long will it take me to become a millionaire if I invest $300,000 at 6.2% interest?
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
Depends on the compounding period.