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Using one of the two interest formulas previously discussed, how long will it take $50,000 to grow to $900,000 at 20% annual interest compounded quarterly? Round to the nearest …

Using one of the two interest formulas previously discussed, how long will it take $50,000 to grow to $900,000 at 20% annual interest compounded quarterly? Round to the nearest …
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4 votes
Using one of the two interest formulas previously discussed, how long will it take $50,000 to

grow to $900,000 at 20% annual interest compounded quarterly? Round to the nearest
tenth.

asked
User Hairo
by
8.5k points

1 Answer

6 votes

Answer:

It will take 10 weeks

Explanation:

im biggest brain

answered
User Madhav Kumar
by
8.0k points
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