Determine how long it takes for $150.00 to become $2,000.00 if invested at 4% interest compounded quarterly.© BrainMass Inc. brainmass.com March 4, 2021, 5:55 pm ad1c9bdddf
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Determine how long it takes for $150.00 to become $2,000.00 if invested at ...
The time for an amount of money to grow using compound interest is calculated. The solution is well presented.