You can afford to invest $150 per month in an annuity that earns 4% per year, compounded monthly. How long will it take before your investment is worth $6000?

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asked Aug 2, 2022 74.7k views

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You can afford to invest $150 per month in an annuity that earns 4% per year, compounded monthly. How long will it take before your investment is worth $6000?

Mathematics
college

Pranavan SP asked

by Pranavan SP

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how long will it take before your investment is wort$6000?

Erasmortg answered Aug 7, 2022

by Erasmortg

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