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How many years will it take for a $400 investment to grow to $1000 with a interest rate of 12% a compounded monthly

How many years will it take for a $400 investment to grow to $1000 with a interest rate of 12% a compounded monthly
asked 73.3k views
5 votes
How many years will it take for a $400 investment to grow to $1000 with a interest rate of 12% a compounded monthly

asked
User Ben Kamphaus
by
7.9k points

1 Answer

0 votes

Answer:

it would take around..a year and a half

Explanation:


answered
User Jan Bannister
by
8.1k points
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