Marco invested $3000 into a fund that is expected to grow by 4.23% per year. How long will it take the fund to be worth $6000? A. about 4.2 years B. about 9.5 years C. about 10.5 years D. about 17 years

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asked Mar 1, 2018 225k views

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Marco invested $3000 into a fund that is expected to grow by 4.23% per year. How long will it take the fund to be worth $6000?

A. about 4.2 years
B. about 9.5 years
C. about 10.5 years
D. about 17 years

Mathematics
college

Martell asked

by Martell

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2 Answers

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The fund is worth 53298 at 4.2 years 120555 at 90.5.

Danton answered Mar 2, 2018

by Danton

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At 4.2 years 120555 at 90.5. So your Most Logical Answer is B

Mario Boss answered Mar 6, 2018

by Mario Boss

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