Homework Help: Accounting

Posted by Barbara on Sunday, May 22, 2011 at 6:46pm.

MHS currently has $1,150,000 in cash. How long would it take them to accumulate $2,000,000 in cash? Assume an interest rate of 5%.

Accounting - kay, Sunday, August 28, 2011 at 9:49pm
11 years 4 mnths and 5 days

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