Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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9.
How many years should an initial investment of $1,000 be left in an account
which generates 6% interest each year, compounded monthly, so that the account has
$1,000,000?
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Transcribed Image Text:9. How many years should an initial investment of $1,000 be left in an account which generates 6% interest each year, compounded monthly, so that the account has $1,000,000?
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