Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. how long will it take $2,000 to reach $4,600 when

How long will it take $2,000 to reach $4,600 when it grows at 10 percent...

80.2K

Verified Solution

Question

Accounting

How long will it take $2,000 to reach $4,600 when it grows at 10 percent per year? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Period years

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Answer the followings. Explain in detail. a) Microprocessors normally use two methods to connect external devices: memory...

Electrical Engineering
Q

Two heating coils A and B are used to heat water When coil A is...

Physics
Q

The graph of the quadratic function y 2x24x 1 is pictured below along with the...

Calculus
Q

3 Simplify 6n 4n 3 8n 6n 1 O O 12n 4 17n 4 11n...

Algebra
Q

What is the contribution margin for total machine hours? Coffee machine $1,440,000.00;Coffee bean...

Accounting
Q

Milo Company manufactures beach umbrellas. The company is preparing budgets for the third...

Accounting
Q

please help me solve! Swifty Furniture Company started construction of...

Accounting
Q

Marigold Family Importers sold goods to Tung Decorators for $35,400 on November 1,2020, accepting Tung's...

Accounting
Q

Assume a merchandising company reported the following income statement: \table[[Sales,$300,000

Accounting
Q

On January 1,2024, Rare Bird Limited purchased 15% bonds dated January 1,2024, with a face...

Accounting
Q

Premium Amortization On the first day of the fiscal year, a company issues a $8,300,000,...

Accounting
Q

Lindon Company is the exclusive distributor for an automotive product that sells for $30.00 per...

Accounting