Author Question: You have $602.42 today. You want to accumulate $1,320 by investing your money. You have identified ... (Read 241 times)

codyclark · **on:** Apr 25, 2021

You have $602.42 today. You want to accumulate $1,320 by investing your money. You have identified an investment that will generate a return of 4% per annum. How long will you have to invest (in years) in order to accumulate your desired total?
◦ 20 years
◦ 17 years
◦ 19 years
◦ 21 years
◦ 22 years

onowka · **Reply #1 on:** Apr 25, 2021

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