Mathematics, 28.09.2021 01:00 angelthompson2018
Suppose you would like to grow your $10,000 investment into $15,000 by placing it
into a CD account that compounds daily at an interest rate of 4%. How long would it
take for your investment to grow to your target among of $15,000?
Note: After calculating your results, you may conclude that the time is too long. In this
case, you might choose other investments that are riskier.
Answers: 2
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Suppose you would like to grow your $10,000 investment into $15,000 by placing it
into a CD accoun...
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