About how many years would it take for your investment to grow if it were invested at an APR of 9 percent compounded ? If you invest $1 at an APR of 9 percent compounded , about how many years would it take for your investment to grow to $4?

About how many years would it take for your investment to grow if it were invested at an APR of 9 percent compounded ? If you invest $1 at an APR of 9 percent compounded , about how many years would it take for your investment to grow to $4?

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter1: Understanding Personal Finance

Section: Chapter Questions

Problem 9DTM

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About how many years would it take for your investment to
grow if it were invested at an APR of 9 percent
compounded ?
If you invest $1 at an APR of 9 percent compounded , about
how many years would it take for your investment to grow
to $4?

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