Upon graduating from college, you make an annual salary of $75,441. You set a goal...

60.1K

Verified Solution

Question

Accounting

Upon graduating from college, you make an annual salary of $75,441. You set a goal to double it in the future. If your salary increases at an average annual rate of 5.67 percent, how long will it take to reach your goal?

Round the answer to two decimal places.

Your Answer:

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