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futurenurse15 futurenurse15
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6 months ago
You invest $125,000 today at a rate of return of 3.4% compounded quarterly. Rounded to the nearest month, how long will it take the investment to grow to $225,000?

▸ 17 years and 6 months

▸ 17 years and 9 months

▸ 17 years and 1 months

▸ 17 years and 4 months

▸ 17 years and 11 months
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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ordinarykathyordinarykathy
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6 months ago
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17 years and 4 months

1

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futurenurse15 Author
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6 months ago
Thanks for your help!!
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Brilliant
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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