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how long will it take a 3000 investment to grow to 3381 at an annual rate of 7.2%, compounded monthly

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解答

howlongwillittakea3000investmenttogrowto3381atanannualrateof7.2%,compoundedmonthly

解答

Time:1.67
求解步骤
Translate the problem into an equation:3381=3000(1+120.072​)12t
求解 t,3381=3000(1+120.072​)12t:t=1.67
Time:1.67

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