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Number of years needed to accumulate a future amount For the following case, determine the number of years it will take for the initial deposit to grow to interest rate. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) D Initial deposit Future amount $300 $1,000 The number of years for this investment, n, is years. (Round to two decimal places.) Interest rate 7%

Number of years needed to accumulate a future amount For the following case, determine the number of years it will take for the initial deposit to grow to interest rate. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) D Initial deposit Future amount $300 $1,000 The number of years for this investment, n, is years. (Round to two decimal places.) Interest rate 7%

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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K Number of years needed to accumulate a future amount For the following case, determine the number of years it will take for the initial deposit to grow to interest rate. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Initial deposit Future amount $300 $1,000 The number of years for this investment, n, is years. (Round to two decimal places.) BELLES Interest rate 7%
Transcribed Image Text:K Number of years needed to accumulate a future amount For the following case, determine the number of years it will take for the initial deposit to grow to interest rate. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Initial deposit Future amount $300 $1,000 The number of years for this investment, n, is years. (Round to two decimal places.) BELLES Interest rate 7%
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