Problem 4-32 Solving for Time (LG4-8) How long will it take $2,000 to reach $4,400 when...

Problem 4-32 Solving for Time (LG4-8)

How long will it take $2,000 to reach $4,400 when it grows at 11 percent per year? (Do not round intermediate calculations. Round "months" to 1 decimal place.)

Period "enter answer" years "enter answer" months

Expert Solution

Answer will be 7 years 6 minths

jeff jeffy answered 1 year ago

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