markjones22 markjones22

26-02-2020
Mathematics

contestada

If Sarah invests $5,000 into a fund that earns 6% interest compounded annually, how long will it take for her
investment to grow into $50,000?
About 40 years
About 4 years
About 35 years
About 20 years

Respuesta :

HalpMehPlz HalpMehPlz

27-02-2020

My math says your answer would be A, About 40 years.

Here's my math to show how I got that:

Ver imagen HalpMehPlz

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