interest

Present-value comparison
June 28, 2019
Calculating an​ EAR)
June 28, 2019

How many years will it take for490 to grow to ​1,083.43 if​ it’s invested at 8 percent compounded​ annually?

The number of years itwill takefor​$490 to grow to $1,083.43 at 8 percent compounded annually is ___ years. ​ (Round to one decimal​ place.)

 
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