Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. number of years needed to accumulate a future amou

Number of years needed to accumulate a future amount for the foowing comedermine the number...

60.1K

Verified Solution

Question

Finance

image
image
Number of years needed to accumulate a future amount for the foowing comedermine the number of year we take for the talent to grow to count the future amount the generale ou loon en hard to oy the contents of the data tatie below into a prest) Initial depus Future amount interest rate $1021 $1.300 5% The number of year for a moment...yan Round to be dechu places) Number of years needed to accumulate a future amount For the following case, determine the number of years it will take for the initial deposit to grow to equal the future amount at the given interest rate. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Initial deposit Future amount interest rate $1,021 $1,900 5% The number of years for this investment, n, is years. (Round to two decimal places.)

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

General Management
1.2K views

Identify three challenges a manager faces in motivating employees today as opposed to 50 years ago....

Physics
1.2K views

d 6 8 A block of wood with a metal plate placed on its top...

Physics
1.2K views

A metallic wire is stretched by suspending weight to it If a is the longitudinal...

Statistics
1.2K views

Write log t 2 in expanded form

Algebra
1.2K views

Find the domain and range of the following graph Write your answer as an interval...

Accounting
1.2K views

Two part question. Thank you....

Accounting
1.2K views

Problem 7-3B (Algo) Calculate and record goodwill (LO7-2) Northern Equipment Corporation...

Accounting
1.2K views

Excerpts from Hulkster Company's December...

Accounting
1.2K views

Rupert's Appliance Warehouse (RAW) delivers appliances to retailers throughout the city. The firm adds 6...

Accounting
1.2K views

What are the key reasons why a multinational corporation might decide to borrow in a...

Accounting
1.2K views

Seacrest Company tiene 20.000 acciones preferentes acumuladas al 3%, valor nominal de 150 dlares y...

Accounting
1.2K views

Fred currently earns $9,000 per month. Fred has been offered the chance to transfer for...