Register
1. Find the time required for an investment of $1000 to grow to $5000 at an interest rate of 8% per year compounded monthly. (round to nearest year)
77.9k views
3 votes
1. Find the time required for an investment of $1000 to grow to $5000 at an interest rate of 8%

per year compounded monthly. (round to nearest year)

User Irtaza
by
4.3k points

2 Answers

5 votes

Answer:

62500 is what i got

Explanation:

User Rsp
by
4.4k points
5 votes
Idk what is but $100
User Wlarcheveque
by
4.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.9m answers

Other Questions

Before beginning voice lessons, Aubrey already knew how to sing 357 pieces, and she expects to learn 2 new pieces during each week of lessons. After 78 weeks of voice lessons, how many pieces will Aubrey
A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
3x-by=-3 b=? what is the number of b? ​
Please answer asap.......... ...
Can someone help me plz I have to Turn 27/9 in simplest
Link Copied!