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Assume you have $2250. You plan to invest it at 6 percent interest per year. How many years will it take before you have at least 4 times as much money as you had initially? Write a program to calculate this number of years as an integer and paste the answer your program calculates into Brightspace. A hint: If you started with one dollar at 6 percent interest annually, you would have $1.06 after one year and $1.12 after two years, compounding annually and rounding to cents. Do not round your final answer (i.e. if you compute that it will take 12.98 years to reach your desired total you should input the value 12 as your answer)

Assume you have $2250. You plan to invest it at 6 percent interest per year. How many years will it take before you have at least 4 times as much money as you had initially? Write a program to calculate this number of years as an integer and paste the answer your program calculates into Brightspace. A hint: If you started with one dollar at 6 percent interest annually, you would have $1.06 after one year and $1.12 after two years, compounding annually and rounding to cents. Do not round your final answer (i.e. if you compute that it will take 12.98 years to reach your desired total you should input the value 12 as your answer)

Computer Networking: A Top-Down Approach (7th Edition)
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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Assume you have $2250. You plan to invest it at 6 percent interest per year. How many years will it take before you have at least 4 times as much money as you had initially?

Write a program to calculate this number of years as an integer and paste the answer your program calculates into Brightspace.

A hint: If you started with one dollar at 6 percent interest annually, you would have $1.06 after one year and $1.12 after two years, compounding annually and rounding to cents.

Do not round your final answer (i.e. if you compute that it will take 12.98 years to reach your desired total you should input the value 12 as your answer) 

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