How long will it take 5000 to grow to 6500 if the


Question: use logarithms to solve each problem.

How long will it take $5000 to grow to $6500 if the investment earns interest at the rate of 12%/year compounded monthly?

Solution Preview :

Prepared by a verified Expert
Mathematics: How long will it take 5000 to grow to 6500 if the
Reference No:- TGS02351422

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)