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22 May, 09:31

Marco invested $3000 into a fund that is expected to grow by 4.23% per year. How long will it take the fund to be worth $6000?

A. about 4.2 years

B. about 9.5 years

C. about 10.5 years

D. about 17 years

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Answers (2)
  1. 22 May, 09:44
    0
    The fund is worth 53298 at 4.2 years 120555 at 90.5.
  2. 22 May, 10:50
    0
    At 4.2 years 120555 at 90.5. So your Most Logical Answer is B
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