12. An investment of $7,500 at 8% compounded monthly is now worth $13,280. How long ago was the investment made? Round y

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12. An investment of $7,500 at 8% compounded monthly is now worth $13,280. How long ago was the investment made? Round y

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12 An Investment Of 7 500 At 8 Compounded Monthly Is Now Worth 13 280 How Long Ago Was The Investment Made Round Y 1
12 An Investment Of 7 500 At 8 Compounded Monthly Is Now Worth 13 280 How Long Ago Was The Investment Made Round Y 1 (8.48 KiB) Viewed 72 times
12. An investment of $7,500 at 8% compounded monthly is now worth $13,280. How long ago was the investment made? Round your answer to the nearest month. (4 marks)
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