Suppose you deposit $1,062.00 into an account 4.00 years from today that earns 11.00%. It will...

Suppose you deposit $1,062.00 into an account 4.00 years from today that earns 11.00%. It will be worth $1,801.00 _____ years from today.

Expert Solution

it will take 9.06 years from today

calculated using NPER function in excel

jeff jeffy answered 2 years ago

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