Mathematics, 18.02.2021 01:00 IntellTanito
At the end of tโ years, the future value of an investment of โ$12,000 in an account that pays 9โ% APR compounded monthly is S=12,0001+
0.09
1212t dollars. Assuming no withdrawals or additionalโ deposits, how long will it take for the investment to amount to โ$36,000โ?
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Answers: 1
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At the end of tโ years, the future value of an investment of โ$12,000 in an account that pays 9โ% AP...
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