A pension account has $150,000 invested in a mutual fund, and expects a 6.4% annual return. After how many years would this inve
stment reach a value greater than $200,000?
4
5
6
7
2 answers:
Answer: B
5
Step-by-step explanation:
Answer:
5
Step-by-step explanation:
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Answer:
2 years
Step-by-step explanation:
First take 5.6 percent of 3000. Which is 5.6/100×3000= 168.
So 336 divided by 168 is 2.
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1000
Step-by-step explanation:
Answer:
91.332
Step-by-step explanation:
Is it all? Is there any more information about it?
Answer: what do you have to do ??