etermine how long it would take to make $15,000 if you deposit $8,000 at 12% annual interest rate compounded semi-annually, using ? = ? (1 + ? ? ) ?? . Round to the hundredth.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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) Determine how long it would take to make $15,000 if you deposit $8,000 at
12% annual interest rate compounded semi-annually, using ? = ? (1 +
?
?
)
??
. Round to
the hundredth.

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