Pls answer very fast.I ll upvote. Thank You Bobbie has $6,000 that she wants to invest today to grow into $50,000. She finds an investment that earns 8.5% with quarterly compounds. How many years will she wait till she has the $50,000? Group of answer choices 25.99 years 28.00 years 25.21 years 100.83 year Please answer using excel function for NPER
Pls answer very fast.I ll upvote. Thank You Bobbie has $6,000 that she wants to invest today to grow into $50,000. She finds an investment that earns 8.5% with quarterly compounds. How many years will she wait till she has the $50,000? Group of answer choices 25.99 years 28.00 years 25.21 years 100.83 year Please answer using excel function for NPER
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
Problem 1PS
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Pls answer very fast.I ll upvote. Thank You
Bobbie has $6,000 that she wants to invest today to grow into $50,000. She finds an investment that earns 8.5% with quarterly compounds. How many years will she wait till she has the $50,000?
Group of answer choices
25.99 years
28.00 years
25.21 years
100.83 year
Please answer using excel function for NPER
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