Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. how long will it take for a $4000 investment to gr

How long will it take for a $4000 investment to grow to $7148 at an...

50.1K

Verified Solution

Question

Basic Math

image

How long will it take for a $4000 investment to grow to $7148 at an annual rate of 9.4%, compounded quarterly? Assume that no withdrawals are made.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Civil Engineering
1.2K views

RAIL AND CARBON EMISSIONS FREE WORLD 1)Improvements to enhance the carbon-free rails?  2) Factors affecting the carbon-free...

Basic Math
1.2K views

A certain forest covers an area of 2800 km. Suppose that each year this area...

Statistics
1.2K views

Solve for z 12z 216 18 18 Oz Oz O z 18

Algebra
1.2K views

A baseball is hit so that its height in a How high is the baseball...

Accounting
1.2K views

chapter 14 Create an Excel spreadsheet to organize your answers to the following problem,...

Accounting
1.2K views

During the recent recession, Polydorous Incorporated accumulated a deficit in retained earnings. Although still operating...

Accounting
1.2K views

What financial statement is used to analyze the economic resources, debt, and overall financial position...

Accounting
1.2K views

Contribution margin / net income = Group of answer choices Safety margin % Fixed Cost...

Accounting
1.2K views

On August 3, Cinco Construction purchased special-purpose equipment at a cost of $1,000,000. The useful...

Accounting
1.2K views

Total initial investment capital is 1,600 million VND for equipment. The installation of equipment and...

Accounting
1.2K views

Describe the perpetual and the periodic inventory systems. How are they different

Finance
1.2K views

Qurravo Question 14 Not yet answered ID 11 Points out of 2.50 The 101 GENERAL...