colinbaez68 colinbaez68

10-03-2021
Mathematics

contestada

Tom wants to invest $8,000 in a retirement fund that guarantees a return of 8.45% and is compounded monthly. Determine how many years (round to hundredths) it will take for his investment to double

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cheekyblac cheekyblac

10-03-2021

Answer:

The answer is 1 year Tommy will take 1 year to his investment

Step-by-step explanation:

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