Question 1164045
.
A sum of $2500, 000 earns interest at a rate of 12% per year compounded quarterly. How long will it take the investment to grow to $ 400, 000?
~~~~~~~~~~~~~~~



Hello, as I read your post, it asks about growing from $ 2500, 000 to $ 400, 000.



You EITHER write incorrectly in your post, OR do not understand (OR do not care about) the meaning of your words.


In any case, double check your post.


Then re-check and cross-check.


After finding and fixing your error, you may re-post to the forum.


Please do not post it to me personally.