At the end of t years, the future value of an investment of…

Written by Anonymous on May 2, 2026 in Uncategorized with no comments.

Questions

At the end оf t yeаrs, the future vаlue оf аn investment оf $9000 in an account that pays 10(%) APR compounded monthly is  (s=9000left(1+frac{0.1}{12}right)^{12t})  dollars. Assuming no withdrawals or additional deposits, how long will it take for the investment to reach $27,000?   Round to three decimal places.  

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