Question 11 How long will it take $2,000 to reach $4,600 when it grows at 10 percent per year? (Do not round intermediate calculations. Round "months" to 1 decimal place.) Periods-- Years-- Months--

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
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Question 11

How long will it take $2,000 to reach $4,600 when it grows at 10 percent per year? (Do not round intermediate calculations. Round "months" to 1 decimal place.)

Periods--

Years--

Months--

 

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