Register
A pension account has $150,000 invested in a mutual fund, and expects a 6.4% annual return. After how many years would this investment reach a value greater than $200,000? 4 5 6 7
69.5k views
5 votes
A pension account has $150,000 invested in a mutual fund, and expects a 6.4% annual return. After how many years would this investment reach a value greater than $200,000?

4
5
6
7

User Don Wilson
by
6.1k points

2 Answers

6 votes

Answer:

5(B)

Explanation:

Edge

User Kmuenkel
by
6.1k points
1 vote

Answer: B

5

Explanation:

A pension account has $150,000 invested in a mutual fund, and expects a 6.4% annual-example-1
User Dondublon
by
6.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

Other Questions

What is the least common denominator of the four fractions 20 7/10 20 3/4 18 9/10 20 18/25
What is 0.12 expressed as a fraction in simplest form
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
What is the initial value and what does it represent? $4, the cost per item $4, the cost of the catalog $6, the cost per item $6, the cost of the catalog?
What is distributive property ?
Link Copied!