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how long will it take $2000 to grow to $20,000 if the interest is compound quarterly at 5.5%
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Lexi024

by Lexi024 at November 09, 2010

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P = I (1 + r/n ) ^tr

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12568

Stoichiometry

Stoichiometry November 10, 2010

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About 10.32 years

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yankeekid

yankeekid November 10, 2010

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Close to 10.32 years.

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13057

ChromeRedCat

ChromeRedCat November 19, 2010

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