Janis wants to invest 29,878 dollars today in a financial instrument yields 6 % per year, compounds interest annually, a
Posted: Sun May 29, 2022 6:18 pm
Janis wants to invest 29,878 dollars today in a financial
instrument yields 6 % per year, compounds interest annually, and
provides a single repayment upon maturity. If Janis' objective is
to quintuple her money, in how many years must the financial
instrument mature?
instrument yields 6 % per year, compounds interest annually, and
provides a single repayment upon maturity. If Janis' objective is
to quintuple her money, in how many years must the financial
instrument mature?