Chau neads $ 6924 for a futue He Can nvest $6000 now at an of 4.2%,componded monthh
Chau neads $ 6924 for a futue He Can nvest $6000 now at an of 4.2%,componded monthh
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:Chau neds $ 6924 for a futre project
He Can muest $6000 nouw at an annual rate
of 4.2%,cOmponded monthly.
no withdrawls are made
ASSUM,n thet
how lons will it take him to have enogh
money for his project?
Do not rond any intermediate computations
and rand your answer to the nearest hundreth
YEARS
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